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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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Karachi, October 05, 2011: JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) has reaffirmed the rating assigned to the TFC-1 issue of Rs. 2.5b of Allied Bank Limited (ABL) at 'AA - ' (Double A Minus). Outlook on the assigned rating is 'Stable'.
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Manama, Bahrain - xx October, 2011: Khaleeji Commercial Bank (KHCB), a prominent Bahrain-based Islamic retail bank, is announcing that it's migrating to ISO International Bank Account Number (IBAN) Standard for numbering of bank customer accounts that's effective as of now and will be compulsory from January 31st, 2012 as per the Directive issued by Central Bank of Bahrain .