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Egypt’s AAIB bouncing back, ratings show
Oct03

Egypt’s AAIB bouncing back, ratings show

Despite continuing upheavals and controversial government conduct that raises persistent questions on governance and fundamental rights in Egypt, the country’s financial workhorse, the Arab African International Bank, seems to be doing fine. To the relief of European and other investors, the latest AAIB ratings announced by Capital Intelligence show the bank’s financial strength outlook has moved from...

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Moroccan Attijariwafa Bank’s ratings affirmed
Aug14

Moroccan Attijariwafa Bank’s ratings affirmed

Capital Intelligence (CI), the international credit rating agency, announced (14 August 2014) that it has affirmed the ratings of Attijariwafa Bank (AWB), based in Casablanca, Morocco. The Financial Strength Rating is affirmed at ‘BBB’, supported by AWB’s overall financial profile, including sound asset quality, despite the rise in non-performing loans (NPLs) in 2013, good loan-loss coverage, a slight improvement in capital and...

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