(Source: Fitch Inc) 05 Nov 2015 5:52 PM GMT/UTC Fitch Ratings-New York-05 November 2015: Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Investcorp Bank B.S.C. (Investcorp) at 'BB' and the Viability Rating at 'bb'. The Rating Outlook remains Stable. A full list of ratings is provided at the end of this release. KEY RATING DRIVERS - VIABILITY RATING, IDRs, SUPPORT RATING, SUPPORT RATING FLOOR AND SENIOR UNSECURED DEBT The rating affirmations reflect the company's strong client franchise and high degree of brand name recognition in the Gulf, supported by its track record and long-term relationships in the region. The ratings also reflect Investcorp's solid funding and...
↧