...Support-Driven Ratings: Arab Tunisian Banks (ATB) IDRs, Support Rating and National Ratings reflect the moderate probability of support it could expect to receive from its majority (64.2%) shareholder, Arab Bank Plc (AB; BBB-/Negative), if required. ATB's Long-Term Foreign Currency IDR is capped by Tunisia's Country Ceiling. The Negative Outlook on ATB's Long-Term Foreign Currency IDR mirrors that on Tunisia. The Negative Outlooks on ATB's Long-Term Local Currency IDR and National Long-Term Rating mirror that on AB's Long-Term IDR. Strategically Important to AB: AB remains committed to the development of retail banking in Tunisia, in line with its strategy in the Middle East/north African region. ATB is fairly well integrated with AB, which defines the subsidiarys strategy, oversees its credit, market and liquidity risks and provides ATB with its expertise in risk management. High Risk Appetite: ATBs fairly loose risk controls, basic policies and procedures, and aggressive growth targets...
