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Prospect News home > News index > List of issuers B > Headlines for Bank of Jordan > News item |
Fitch affirms Bank of Jordan
Fitch Ratings said it affirmed Bank of Jordan's long-term issuer default rating at BB- and short-term issuer default rating at B.
The outlook remains stable.
The ratings are constrained by the relatively weak operating environment in Jordan, Fitch said, and some deterioration in asset quality caused by the more difficult economic conditions in Jordan.
The ratings also consider the bank's domestic franchise, resilient core profitability, stable funding and good liquidity.
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