26.01.2016 20:34:00
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Bahrain Islamic Bank -- Moody's confirms Bahrain Islamic Bank's Ba3 issuer ratings; upgrades BCA to b3 from caa1 and assigns positive outlook
Limassol, January 26, 2016 -- Moody's Investors Service has today confirmed Bahrain Islamic Bank's (BIsB) Ba3 issuer ratings and upgraded the standalone baseline credit assessment (BCA) to b3 from caa1. At the same time the bank's counterparty risk assessment of Ba2(cr)/NP(cr) were confirmed and the Not-Prime short term issuer ratings were affirmed. The outlook on the long term deposits is positive.