Manama: GFH Financial Group (GFH) yesterday announced that Capital Intelligence Ratings (CI Ratings), an international credit rating agency, has affirmed its Long-Term Foreign Currency Rating and Short-Term Foreign Currency Rating for GFH at ‘BB’ and ‘B’, respectively, with a stable outlook.
The ratings affirmation was once again supported by strong and increased liquidity reported by the group and underpinned by an improved funding profile in line with its strategy to diversify its business and income generating investments and activities, the group said in a statement .