Monday 12, December 2016 by Robin Amlôt

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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