By John Lee. Fitch Ratings has assigned Erbil's Region Trade Bank for Investment and Finance Private Shareholding (RTB) a Long-Term Issuer Default Rating (IDR) of 'CCC+', and Viability Rating (VR) at 'ccc+'. It says the rating reflects the bank's, "limited franchise, unstable business model, volatile and concentrated customer deposit base and weak albeit improving profitability."
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd September 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD940 (+1.1%) / $822 (+1.1%) (weekly change) (+2.4% and +2.1% YTD change, respectively). The number of week traded
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th September 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD934 (+0.01%) / $816 (+0.01%) (weekly change) (+1.7% and +1.4% YTD change, respectively). The number of week traded
By John Lee. Fitch Ratings has assigned the Erbil-based Region Trade Bank for Investment and Finance Private Shareholding (RTB) a Long-Term Issuer Default Rating (IDR) of 'CCC+', and Viability Rating (VR) at 'ccc+'. It says the privately-owned bank has minimal market shares in Iraq, no competitive advantages and limited distribution capabilities. More here. (Source: Fitch