Moody's decision to affirm the ratings of all 11 banks reflects the rating agency's view that the current ratings continue to reflect the resilience in their financial performance underpinned by strong capital buffers, favorable funding profiles and ample liquidity buffers. Disclosures: EU Endorsed, UK Endorsed; Solicited by or on behalf of the issuer (sell side) senior unsecured; bond/note. Moody's Investors Services maintained Saudi Arabia's credit rating at A1, with a negative outlook, citing external shocks due to COVID-19 pandemic. Moody’s Investors Service cut its debt ratings for Saudi Arabia, Oman and Bahrain on Saturday while assigning negative outlooks to three neighbouring states, as low oil prices continue to undermine government finances in the region.
RIYADH — The international Credit rating agency ”Moody's” updated its credit report for Saudi Arabia affirming its A1 rating for the Kingdom.The agency changed the negative outlook in its June 2021 rating to a stable outlook. With green or red background, the recent ratings variations.

The … The agency predicted the Saudi economy will return to positive growth in 2021, and the current account level will return to surplus as the fiscal … Credit rating agency Moody’s affirmed its rating for 11 Saudi banks, and downgraded its outlook on long-term deposit ratings to negative from stable for 10 of them. Credit rating agency Moody’s has changed early this month the outlook on the Saudi government from negative to stable. Breaking News. The kingdom is investing billions of dollars in the hospitality and tourism industry. Country: Saudi Arabia. In a related action, Moody's also affirmed the Government of Saudi Arabia's senior unsecured MTN rating at (P)A1. Moody's affirms Saudi Arabia's A1 rating, maintains stable outlook and raises GDP growth forecasts for Saudi economy. Moody’s noted that the affirmation of the SABIC rating in the A1 category reflects its strong position in the petrochemical industry, its competitive position in terms of cost, which is supported by large economies of scale and the ability to access local feedstocks at competitive prices under long-term contracts with Saudi Aramco. Moody's Revises Saudi Arabia's Outlook from Negative to Stable While Affirming Credit Rating at "A1" Riyadh, Nov 6, 2021, SPA "The international Credit rating agency ”Moody's” updated its credit report for Saudi Arabia affirming its A1 rating for the Kingdom and changing the negative outlook in its June 2021 rating to a stable outlook." Country of Fitch Office.

Lauding Saudi Arabia’s financial policies, Moody’s forecast that the country’s economy will boost in the fiscal year […] The rating action on long- and short-term deposit ratings as well as counterparty risk ratings (CRRs) of the four Saudi Arabian lenders follow a new NSR map by Moody's for the government of Saudi Arabia. A3 rating by Moody's (Stable Outlook)AA+ rating by SIMAH's Credit Rating Agency, Tassnief (Stable Outlook) Strong brand and market position in Saudi Arabia as the sole Saudi professional reinsurer as well as a growing presence in its target markets of Asia, Africa and Lloyd’s. LONDON: Saudi Arabia's spending plan as announced in its pre-budget statement on Thursday is a positive development for the credit rating of the Kingdom, rating agency Moody's said. World Credit Ratings. Moody's has also affirmed the A1 senior unsecured rating and the (P)A1 senior unsecured MTN rating of KSA Sukuk Limited, a special purpose vehicle incorporated in the Cayman Islands, whose debt is in our view ultimately the obligation of the Government of … Agencies: S&P Moody's Fitch DBRS Symbol means a positive outlook assigned by the rating agency. As a consequence, the Fitch and Moody’s credit rating agencies downgraded the outlook of the Saudi economy. 21-Jun-2021. The agency changed the negative outlook in its June 2021 rating to a stable outlook.

Moody’s Investors Service, Inc., a wholly-owned credit rating agency subsidiary of Moody’s. Moody's Investors Service affirmed the long-term ratings of nine banks in Saudi Arabia and changed the outlook to stable from negative, saying its … Recent movements on Saudi Arabia’s credit rating illustrate this: whereas Moody’s (A1; stable) and S&P (A-; stable) largely affirmed their credit ratings, Fitch downgraded the Kingdom to A with a stable outlook 2 (bringing it in-line with Moody’s and S&P) in September 2019 citing geopolitical risks. Credit rating agency Moody’s has changed the outlook on the Saudi government from negative to stable. Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Saudi Arabian Oil Company and other ratings that are associated with the same analytical unit. Global ratings agency Moody’s has given Saudi Arabia an “A1” sovereign credit rating and cut its outlook to “negative” from “stable” in a … Global ratings agency Moody’s has given Saudi Arabia an “A1” sovereign credit rating and cut its outlook to “negative” from “stable” in a … Support Rating Floor. Moreover, the Saudi economy and banking sector have been facing a difficult period as the economy faces a dual threat from COVID-19 and oil prices. Most recently Moody’s changed Saudi Arabia’s outlook from negative to stable. Moody's decision to change the outlook to negative from stable on ten of the banks long-term deposit ratings captures the potential weakening capacity of the government of Saudi Arabia to provide support in case of need, as implied by the negative outlook on the A1 government issuer rating. Dubai: Credit rating agency Moody’s Investors Service has changed the outlook on the Government of Saudi Arabia to stable from negative and affirmed its … LONDON: Moody’s Investor Service has affirmed the government of Saudi Arabia’s A1 rating with a stable outlook, according to an annual … The agency changed the negative outlook in its June 2021 rating to a stable outlook. Moody’s affirmed the sovereign at A1, its fifth-highest grade, according to a statement. 11-Dec-2012. "The rating actions are a direct consequence of the sovereign rating action and reflect the credit linkages between … Moody's Investors Service, a global ratings agency, has assigned counterparty risk ratings (CRR) to 11 banks in Saudi Arabia, it said in a statement on Thursday. The agency maintained Turkey’s “B2” long-term issuer rating, which is non-investment grade and subject to high credit risk. Credit rating agency Moody’s has changed the outlook on the Saudi government from negative to stable.

Ratings agency Moody's on Friday affirmed Saudi Arabia's rating at 'A1'and changed its outlook to "stable" from "negative", compared to its report published in June. Credit Ratings, Research and Analysis for the global capital markets.
Moody’s also praised the kingdom's fiscal policies as evidenced by policy responses in periods of both low and high oil prices The international Credit rating agency ”Moody’s” updated its credit report for Saudi Arabia affirming its A1 rating for the kingdom and changing the negative outlook in its June 2021 rating to stable. DUBAI — Saudi Arabia’s strong credit rating has been taken down a notch by a major ratings agency thanks to geopolitical risks and … Moody's downgraded Saudi Arabia's long-term issuer rating by one notch to A1. KSA Business: Saudi economy to see positive growth this year: Moody’s – Gulf Digital News . . 11-Dec-2012. The agency predicted the Saudi economy will return to positive growth in 2021, and the current account level will return to a surplus as the fiscal deficit shrinks in 2021, accompanied by a reduction in the level of debt in the medium term. Moody’s affirms Saudi Arabia’s A1 ratings. The agency changed the negative outlook in its June 2021 rating to a stable outlook. That’s higher than Fitch Ratings and S&P Global Ratings. Paris, May 01, 2020 -- Moody's Investors Service, ("Moody's") has today changed the outlook to negative from stable on the Government of Saudi Arabia's issuer rating and affirmed the issuer and senior unsecured A1 rating, and the (P)A1 senior unsecured MTN rating. (AFP) Moody’s affirms Saudi Arabia A1 … Long Term Issuer Default Rating.

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