Monday 12, December 2016 by

IIRA reaffirms the ratings of Bank ABC Islamic

Islamic International Rating Agency (IIRA) has reaffirmed the ratings of Bank ABC Islamic (E.C.) (ABCI) at A- / A2 (Single A Minus /A Two) on the international scale and at A+(bh) / A1(bh) (Single A Plus /A One) on the national scale, with a ‘Stable’ outlook. At the same time, IIRA’s assessment on the bank’s overall fiduciary score lies in the range of ‘76 – 80’, which represents strong fiduciary standards with a well-developed governance structure, wherein the rights of various stakeholders are considered to be well-protected.

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