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CI affirms AUB financial strength rating at “A”

CI affirms AUB financial strength rating at “A”
The ratings were backed by AUB’s assets
AUB Bahrain
AUB
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Mubasher: Capital Intelligence Ratings (CI) has affirmed the financial strength rating (FSR) of Ahli United Bank (AUB) at “A”, according to a recent official statement.

CI Ratings added that the lender’s long- and short-term foreign currency ratings were “A-” and “A2”, respectively.

AUB, which is listed on both Boursa Kuwait and Bahrain Bourse (BHB), was placed a “Stable” outlook, the statement added.

The ratings were backed by AUB’s assets which are mostly funded from outside Bahrain.