| From Globalarabnetwork.com: Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed the Foreign Currency ratings of Yemen's Tadhamon International Islamic Bank (TIIB) at B (Long-term) and B (Short-term) and the Financial Strength rating at BB-.
However, the Support rating was adjusted to 4 from the previous level of 3.
This downward adjustment reflects the more challenging domestic and regional operating environment and the likely impact this will have on the Bank's owner and, inter-alia, its capacity to provide financial support, in case of need, to the Bank. The Outlook for all ratings is affirmed at Stable...........................................Full Article: Source
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