Al Rajhis IDRs and Support Rating reflect Fitchs view that there is an extremely high probability that the Saudi Arabian authorities would support the bank, if required. This view is based on Al Rajhis leading retail franchise in the Kingdom and its systemic importance within the domestic banking system.
Tuesday 13 December 2011
Fitch affirms Al Rajhi A+ rating outlook is stable - A1Saudiarabia.com
Fitch Ratings has affirmed Al Rajhi Banks Long-term Issuer Default Rating (IDR) at A+ with a Stable Outlook and its Viability Rating at a. A full list of ratings is at the end of this comment.
Al Rajhis IDRs and Support Rating reflect Fitchs view that there is an extremely high probability that the Saudi Arabian authorities would support the bank, if required. This view is based on Al Rajhis leading retail franchise in the Kingdom and its systemic importance within the domestic banking system.
Al Rajhis IDRs and Support Rating reflect Fitchs view that there is an extremely high probability that the Saudi Arabian authorities would support the bank, if required. This view is based on Al Rajhis leading retail franchise in the Kingdom and its systemic importance within the domestic banking system.
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