Capital Intelligence Ratings (CI Ratings) has confirmed the long-term and short-term foreign currency ratings of the Arab Tunisian Bank (ATB) at C+ and C respectively. The ratings were announced on November 2, 2026. CI Ratings also confirmed ATB's bank solvency rating at c, its financial strength rating at b, and its exceptional support level at Moderate.
The stable outlook for the long-term foreign currency rating and bank solvency rating reflects encouraging signs of stabilization in Tunisia's sovereign risk factors. Although these factors remain high, there are positive trends. The current account deficit has decreased, supported by increased agricultural exports and tourism revenues. This development contributes to the stable outlook for ATB's ratings.
CI Ratings evaluated ATB's long-term and short-term ratings, taking into account the internal assessment of Tunisia's sovereign credit risk. The bank's ratings are limited by this evaluation. However, the stable outlook suggests that the risks are being managed effectively. ATB's ratings indicate a moderate level of risk associated with the bank's operations in Tunisia.
The confirmed ratings and stable outlook are significant for ATB, as they reflect the bank's financial strength and resilience in the Tunisian market. The ratings also consider the exceptional support level, which is assessed as Moderate. This assessment implies that there is a reasonable expectation of support from the bank's owners or the Tunisian authorities, if needed.
ATB's financial strength rating of b and bank solvency rating of c indicate a relatively stable financial position. The ratings take into account various factors, including the bank's asset quality, capital adequacy, and liquidity. The confirmed ratings provide stakeholders with an updated assessment of ATB's financial health and risk profile.
The Tunisian banking sector has faced challenges in recent years, including high sovereign risk and economic uncertainty. However, ATB's confirmed ratings suggest that the bank is navigating these challenges effectively. The stable outlook for the long-term foreign currency rating and bank solvency rating is a positive indicator for the bank's future prospects.
The confirmation of ATB's ratings by CI Ratings provides valuable insights for investors, analysts, and other stakeholders. The ratings and outlook offer an independent assessment of the bank's creditworthiness and financial stability. This information can inform investment decisions and support the bank's strategic planning and risk management efforts.
Key points
- ATB's long-term and short-term foreign currency ratings are confirmed at C+ and C respectively.
- The stable outlook for ATB's ratings reflects encouraging signs of stabilization in Tunisia's sovereign risk factors.
- ATB's financial strength rating and bank solvency rating indicate a relatively stable financial position.
