Manama: Capital Intelligence Ratings has affirmed Bahrain-based Gulf International Bank’s (GIB) Long-Term Foreign Currency Rating at A+ and the Short-Term Foreign Currency at A1, with a ‘Stable’ outlook.
The affirmation of the ratings was driven by Capital Intelligence Ratings’ view that “GIB’s ownership remains a key ratings driver, testifying to an exceptionally strong and supportive shareholder through the Saudi government-owned Public Investment Fund” .
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