MENA Sovereign, Bank, And Oil-Related Ratings

MENA Sovereign Ratings

 

 

S&P

 

Moody’s

 

 

 

Country

 

 

Last Change

 

 

Local Currency

Sovereign Rating

 

 

Foreign Currency

Sovereign Rating

 

 

 

Last

Change

Long-Term

Domestic

Currency

Rating

Long-Term

Foreign

Currency

Rating

 

 

 

Outlook

Bahrain

05/04/06

A/Stable/A-1

A/Stable/A-1

 

24/07/07

A2

A2

Stable

Egypt

14/03/05

BBB-/Stable/A-3

BB+/Stable/B

 

23/06/08

Ba1

Ba1

Negative

Iran

-

-

-

 

-

-

-

-

Jordan

28/11/06

BBB/Stable/A-3

BB/Stable/B

 

08/01/07

Baa3

Ba2

Stable

Kuwait

14/04/08

AA-/Stable/A-1+

AA-/Stable/A-1+

 

24/07/07

Aa2

Aa2

Stable

Lebanon

31/01/08

CCC+/Stable/C

CCC+/Stable/C

 

25/03/08

B3

B3

Stable

Morocco

11/04/08

BBB/Stable/A-3

BB+/Stable/B

 

28/04/04

Ba1

Ba1

Stable

Oman

23/01/07

A/Stable/A-1

A/Stable/A-1

 

24/07/07

A2

A2

Stable

Qatar

06/03/07

AA+/Stable/A-1+

AA-/Stable/A-1+

 

24/07/07

Aa2

Aa2

Stable

Saudi Arabia

16/07/07

A+/Stable/A-1

A+/Stable/A-1

 

24/07/07

A1

A1

Positive

Tunisia

08/030/07

A/Stable/A-1

BBB/Stable/A-3

 

17/04/03

Baa2

Baa2

Stable

UAE

-

-

-

 

09/07/07

Aa2

Aa3

Stable

Yemen

-

-

-

 

-

-

-

-

 

 

 

Fitch

 

 

Capital Intelligence

 

 

Country

 

Last Change

Foreign

Currency

Long-Term

Foreign

Currency

Short-Term

 

 

Outlook

 

 

Last Change

Foreign

Currency

Long-Term

Foreign

Currency

Short-Term

 

 

Outlook

Bahrain

24/08/07

A

F1

Stable

 

04/06/08

A

A1

Stable

Egypt

18/06/05

BB+

B

Positive

 

12/10/05

B-

A3

Stable

Iran

24/14/06

B+

B

Stable

 

17/04/07

BB-

BB+

Stable

Jordan

-

-

-

-

 

05/07/06

BB

B

Stable

Kuwait

30/05/07

AA-

F1+

Stable

 

23/03/04

A+

A1

Stable

Lebanon

14/07/06

B-

B

Stable

 

21/07/06

B-

B

Negative

Morocco

19/04/07

BBB-

F3

Stable

 

29/10/07

BBB-

BBB

Stable

Oman

-

-

-

-

 

23/04/08

A

A1

Stable

Qatar

-

-

-

-

 

30/01/08

AA-

A1+

Stable

Saudi Arabia

09/07/08

AA-

F1+

Stable

 

26/02/08

AA-

A1+

Stable

Tunisia

08/08/07

BBB

F2

Stable

 

28/09/04

BBB

A3

Stable

UAE

-

-

-

-

 

13/05/03

A+

A1

Stable

Yemen

-

-

-

 

06/11/06

B-

B

Stable

 

MENA Bank Ratings

 

 

S&P

 

Moody’s

 

 

 

Banks by Country

 

Local

Currency

Rating

 

Foreign

Currency

Rating

 

Long-Term

Foreign

Currency

Deposits

Short-Term
Foreign
Currency
Deposits

 

 

 

FSR

 

 

 

Outlook

Saudi Arabia

 

 

 

 

 

 

 

National Commercial Bank

A+/Stable/A-1

A+/Stable/A-1

 

A1

Prime-1

C

Stable

Samba

A/Stable/A-1

A/Stable/A-1

 

A1

Prime-1

C+

Stable

Riyad Bank

A/Stable/A-1

A/Stable/A-1

 

A1

Prime-1

C

Stable

Al-Rajhi Banking & Inv. Corp.

A/Stable/A-1

A/Stable/A-1

 

A1

Prime-1

C

Stable

Banque Saudi Fransi

A/Stable/A-1

A/Stable/A-1

 

A1

Prime-1

C

Stable

Saudi British Bank

A/Stable/A-1

A/Stable/A-1

 

A1

Prime-1

C+

Stable

 Arab National Bank

 A/Stable/A-1

A/Stable/A-1

 

A1

Prime-1

C

Stable

 

 

 

 

 

 

 

 

UAE

 

 

 

 

 

 

 

Abu Dhabi Commercial Bank

A/Stable/A-1

A/Stable/A-1

 

Aa3

Prime-1

C-

Stable

Emirates Bank International

A/Positive/A-1

A/Positive/A-1

 

A1

Prime-1

C-

Stable

National Bank of Abu Dhabi

A+/Stable/A-1

A+/Stable/A-1

 

Aa3

Prime-1

C

Stable

National Bank of Dubai

A/Positive/A-1

A/Positive/A-1

 

A1

Prime-1

C-

Stable

Mashreqbank

A/Stable/A-1

A/Stable/A-1

 

A2

Prime-1

C-

Stable

 

 

 

 

 

 

 

 

Bahrain

 

 

 

 

 

 

 

Gulf International Bank

A-/Stable/A-2

A-/Stable/A-2

 

A2

Prime-1

C-

Negative

Gulf Investment Corporation

A-/Stable/A-2

A-/Stable/A-2

 

A2

Prime-1

D+

Stable

Arab Banking Corporation

BBB+/Stable/A-2

BBB+/Stable/A-2

 

A3

Prime-2

C-

Stable

 

 

 

 

 

 

 

 

Qatar

 

 

 

 

 

 

 

Qatar National Bank

A+/Stable/A-1

A+/Stable/A-1

 

Aa3

Prime-1

C-

Stable