Credit Analysis on Riyad Bank - Full Rating Report - 2008/07/01 - Fitch Research

Report title: Credit Analysis on Riyad Bank

from Fitch Research
11 page (18251 word) report published Jul 01, 2008

Price $425.00 available for immediate download

Report Overview

Search Inside

About Fitch Research

...Riyad Bank s (RB) Long\##Term and Short\##Term IDRs and Support Rating reflect the probability of support from the Saudi authorities. The Individual Rating reflects the bank s strong commercial franchise, consistent profitability, satisfactory asset quality and solid capitalisation. It also considers the risks inherent in the Saudi operating environment and RB s concentrations in loans and deposits. Net income improved by #.#% in ####. RB was the only bank in Saudi Arabia to experience yoy growth in bottom\##line profits, as it has been less reliant than its peers o n volatile stock\##market\##related i ncome. The cost/income ratio weakened to ##.#% (####: ##.#%) given the bank s increased spending on its infrastructure and rising staff costs. Cost efficiency, however, compares well internationally. Asset quality indicators remain satisfactory, with NPLs forming #.#% of gross loans at end\###### and a strong ...

Report Type:

Full Rating Report

Company(ies):

Riyad Bank

Ticker(s):

1010

Free Sample:

Click Here to Download

Format:

PDF

Enter the keyword(s) which you would like to search for within this document and click "Search"

Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

Also from Fitch Research

Fitch: 2010 Outlook for Saudi Banks More Positive After Mixed 2009 $85.00
Riyad Bank $425.00
Riyad Bank $165.00
Fitch Affirms Riyad Bank at 'A+'; Outlook Stable $85.00
Saudi Banks' Annual Review and Outlook - A Marked Slowdown in Performance but Strong Fundamentals and Government Support $275.00
Fitch Upgrades Five Saudi Banks $85.00
Credit Update on Riyad Bank $165.00
Fitch Affirms Riyad Bank at 'A'; Outlook Positive $85.00

Price: $425.00

Free Sample

Questions about
this research?

Send page to a friend

Return to
Alacra Company Snapshot

Get FREE Research

Can't Decide?

Purchasing premium research sight unseen can be intimidating. We want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.