Rating Release

Agusto & Co. affirms Jaiz Bank Plc’s (“Jaiz Bank” or “the Bank”) “A-” (long term) and “A1” (short term) ratings, with a stable outlook  

The ratings expire on 30 June 2027. 

Agusto & Co. affirms Jaiz Bank Plc’s (“Jaiz Bank” or “the Bank”) “A-” (long term) and “A1” (short term) ratings, supported by good profitability, strong capitalisation and good liquidity. However, the assigned ratings are tempered by concentration in the financing contracts portfolio and deposit liabilities. We have also attached a “2” ESG score to the ratings, reflecting our view that environmental, social and governance factors have a minimal but identifiable influence on the Bank’s credit risk profile.