Manama: Moody’s Investors Service has confirmed Bahrain Islamic Bank’s (BisB) Ba3 issuer ratings and upgraded the standalone baseline credit assessment (BCA) to b3 from caa1, the bank said in a statement yesterday.
At the same time the bank’s counterparty risk assessment of Ba2(cr)/NP(cr) were confirmed and the Not-Prime short-term issuer ratings were affirmed .