A.M. Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating to B++ (Good) of National Life and General Insurance Company (NLGIC).
A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Al Ahleia Insurance Company (AAIC).
CI Ratings has upgraded Gulf Bank’s Financial Strength Rating (FSR) to ‘A-’ from ‘BBB+’, supported by the sound and sustained improvement in the bank’s good loan asset quality metrics and the solid capital and good liquidity positions.
A.M. Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of “bbb” to Solidarity Bahrain.
Capital Intelligence Ratings (CI Ratings) has affirmed Ahli Bank Oman’s (AB) Financial Strength Rating (FSR) at ‘BBB’, with a ‘Stable’ Outlook.
CI Ratings has assigned initial corporate ratings of ‘BBB’ Long-Term and ‘A3’ Short-Term to Oman International Development and Investment Company (Ominvest).
CI Ratings has affirmed the Financial Strength Rating (FSR) of the UAE’s National Bank of Fujairah (NBF) at ‘BBB+’.
CI has affirmed the Financial Strength Rating of Rakbank at ‘A-’, given its solid capital ratios, strong profitability, sound asset quality and liquidity.
CI Ratings affirmed Qatar’s Long-Term Foreign Currency and Local Currency Ratings of ‘AA-’ and its Short-Term Foreign and Local Currency Ratings of ‘A1+’.