Fitch affirms Riyad Bank’s rating at A+ with stable outlook

07/03/2014 Argaam

Fitch affirmed Riyad Bank's (RB) long-term issuer default rating (IDR) at A+ with a stable outlook, which reflects the bank’s strong financial position and robust performance, said CEO Talal Al-Qudaibi.
 

Al-Qudaibi said the rating is a proof of the bank’s adequate capital base, high quality assets and moderate risk levels on the international level.

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