Al-Rajhi Banking and Investment Corporation
Fitch has affirmed Al-Rajhi A+
Sat, 2009-05-09 20:45 — IslamicFinance.deFitch Ratings affirmed Al-Rajhi's long-term issuer default rating (IDR) at "A+" with a stable outlook. Its short-term IDR at "F1", individual rating at "B/C" and support rating at '1'. The bank continues to dominate the Islamic market segment and retail banking, which has been historically its main focus. The bank's long-term IDR is unlikely to change unless the sovereign rating changes.
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