CMP/JUN/2024/0009
ف | ||||||||
ئﺎﻤﺘﺋإ ﻒ�نﺼﺗ ﻦﻋ حﺎﺼﻓإ | ||||||||
ي | ||||||||
Announcement on Credit Rating | ||||||||
Date | 04/06/2024 | ﺦﯾرﺎﺗﻟا | ||||||
Name of Listed | .ب .م .ش ﺔﯾﻟﺎﻣﻟا شﺗإ فإ ﻲﺟ ﺔﻋوﻣﺟﻣ | ﺔﺟردﻣﻟا ﺔﻛرﺷﻟا مﺳإ | ||||||
Company | GFH Financial Group B.S.C. | |||||||
Trading Code | GFH | لوادﺗﻟا زﻣر | ||||||
Name of the Credit | ﺔﯾﻣﻟﺎﻌﻟا شﺗﯾﻓ ﺔﻟﺎﻛو | / فﯾﻧﺻﺗﻟا ﺔﮭﺟ مﺳا | ||||||
Rating Agency | Fitch Ratings | ﻲﻧﺎﻣﺗﺋﻻا فﯾﻧﺻﺗﻟا ﺔﻟﺎﻛو | ||||||
Credit Rating | دﻧﻋ ﺔﻋوﻣﺟﻣﻠﻟ دﻣﻷا ةرﯾﺻﻗو ﺔﻠﯾوط ﺔﯾﻟﺎﻣﻟا تﺎﻣازﺗﻟﻻﺎﺑ ءﺎﻓوﻟا ﻰﻠﻋ ةردﻘﻟا فﯾﻧﺻﺗ دﯾﻛﺄﺗ | |||||||
لﯾوطﻟا ىدﻣﻟا ﻰﻠﻋ ةرﻘﺗﺳﻣ ﺔﯾﻠﺑﻘﺗﺳﻣ ةرظﻧ ﻊﻣ "B" ىوﺗﺳﻣ | ||||||||
Classification | فﯾﻧﺻﺗﻟا تﺎﺋﻓ | |||||||
Long and Short-Term Issuer Default Rating (IDR) at 'B' with the | ||||||||
Categories | ||||||||
Outlook on the Long-Term IDR as 'Stable' | ||||||||
ﺔﯾﻣﻟﺎﻌﻟا شﺗﯾﻓ ﺔﻟﺎﻛو نأ قاوﺳﻷاو نﯾﻣھﺎﺳﻣﻟا ةدﺎﺳﻟا مﻼﻋإ ﺔﯾﻟﺎﻣﻟا شﺗإ فإ ﻲﺟ ﺔﻋوﻣﺟﻣ دوﺗ | ||||||||
ﺔﯾﻟﺎﻣﻟا تﺎﻣازﺗﻟﻻﺎﺑ ءﺎﻓوﻟا ﻰﻠﻋ ةردﻘﻟا فﯾﻧﺻﺗ دﯾﻛﺄﺗ ةدﺎﻋﺈﺑ تﻣﺎﻗ ﻲﻧﺎﻣﺗﺋﻻا فﯾﻧﺻﺗﻠﻟ ﺔﯾﻟودﻟا | ||||||||
ىدﻣﻟا ﻰﻠﻋ ةرﻘﺗﺳﻣ ﺔﯾﻠﺑﻘﺗﺳﻣ ةرظﻧ ﻊﻣ "B" ىوﺗﺳﻣ دﻧﻋ ﺔﻋوﻣﺟﻣﻠﻟ دﻣﻷا ةرﯾﺻﻗو ﺔﻠﯾوط | ||||||||
ﺔﻐﻟﺎﺑﻟا ﺔﻋوﻣﺟﻣﻟا كوﻛﺻﻟ نوﻣﺿﻣﻟا رﯾﻏ لﺟﻷا لﯾوط | فﯾﻧﺻﺗﻟا شﺗﯾﻓ تدﻛأ ﺎﻣﻛ .لﯾوطﻟا | |||||||
A simple | دﻧﻋ ةدودﺣﻣﻟا كوﻛﺻﻠﻟ شﺗإ فإ ﻲﺟ ﺔﻛرﺷ نﻋ ةردﺎﺻﻟا ﻲﻛﯾرﻣأ رﻻود نوﯾﻠﻣ 500 | |||||||
.'B'/'RR4' ىوﺗﺳﻣ | ||||||||
explanation of the | فﯾﻧﺻﺗﻠﻟ طﺳﺑﻣ حرﺷ | |||||||
Credit Rating | GFH Financial Group would like to inform its shareholders and the | |||||||
ﮫﺗﻻﻻدو ردﺎﺻﻟا | ||||||||
Classification issued | markets that Fitch Ratings, the international credit rating agency, has | |||||||
and its implications | affirmed its Long-andShort-Term Issuer Default Rating (IDR) at 'B' | |||||||
with the Outlook on the Long-Term IDR as Stable. Fitch has also | ||||||||
affirmed the 'B'/'RR4' senior unsecured Long-Term Rating of the | ||||||||
Group's US$500 million certificates issued through GFH Sukuk | ||||||||
Company Limited (GFH SCL). | ||||||||
The expected | ||||||||
financial impact of | ﻊﻗوﺗﻣﻟا ﻲﻟﺎﻣﻟا رﺛﻷا | |||||||
the Credit Rating | ||||||||
ﻖﺑطﻧﯾ ﻻ | ﺞﺋﺎﺗﻧ ﻰﻠﻋ فﯾﻧﺻﺗﻠﻟ | |||||||
Classification on the | ||||||||
Not applicable | ﻲﻟﺎﻣﻟا زﻛرﻣﻟاو لﺎﻣﻋأ | |||||||
company's business | ||||||||
ﺔﻛرﺷﻠﻟ | ||||||||
and financial | ||||||||
position | ||||||||
Future outlook (as | ﺔﻛرﺷﻠﻟ ﺔﯾﻠﺑﻘﺗﺳﻣﻟا ةرظﻧﻟا | |||||||
per the Credit | ةرﻘﺗﺳﻣ | |||||||
فﯾﻧﺻﺗﻟا ﺔﮭﺟ يأر بﺳﺣ) | ||||||||
Rating Agency) | Stable | |||||||
(ﻲﻧﺎﻣﺗﺋﻻا | ||||||||
about the company | ||||||||
يذﻟا درطﻣﻟا مدﻘﺗﻟا ءوﺿ ﻲﻓ ﺔﻋوﻣﺟﻣﻟا تﺎﻔﯾﻧﺻﺗ ﻰﻠﻋ شﺗﯾﻓ ﺔﻟﺎﻛو دﯾﻛﺄﺗﺑ ةرورﺳﻣ ةرادﻹا | |||||||
ﺔﻠﺻاوﻣ ﻰﻟإ ةرادﻹا ﻊﻠطﺗﺗ ﺎﻣﻛ .ﺔﯾﺳﺎﺳﻷا لﺎﻣﻋﻷا طوطﺧ رﺑﻋ هزارﺣإ ﺔﻋوﻣﺟﻣﻟا لﺻاوﺗ | |||||||
Summary of the | ﻲﻓ ىوﻗأ ءادأو ﺞﺋﺎﺗﻧ ﻖﯾﻘﺣﺗ فدﮭﺑ ﺔﻋوﻣﺟﻣﻟا ﺔﯾﺟﯾﺗارﺗﺳا ذﯾﻔﻧﺗو مدﻘﺗﻟا اذھ ﻰﻠﻋ ءﺎﻧﺑﻟا | ||||||
.ﺔﻣدﺎﻘﻟا تارﺗﻔﻟا | |||||||
official statement | |||||||
ﻲﻣﺳرﻟا ﺢﯾرﺻﺗﻟا صﺧﻠﻣ | |||||||
issued by the | The management are pleased with Fitch's affirmation of GFH's | ||||||
نﺄﺷﺑ ﺔﻛرﺷﻟا نﻋ ردﺎﺻﻟا | |||||||
company regarding | |||||||
ratings in light of the steady progress the Group continues to make | فﯾﻧﺻﺗﻟا | ||||||
the Classification of | |||||||
across its core business lines. Management looks | forward to | ||||||
the Credit Rating | |||||||
continuing building on this progress and executing the Group's | |||||||
strategy with a view to deliver strengthened results and performance | |||||||
in the forthcoming periods. | |||||||
Press release or | رﯾرﻘﺗﻟا لﺟأ نﻣ فﯾﻧﺻﺗﻟا ﺔﻟﺎﻛو ﻊﻗوﻣ ﻰﻟا عوﺟرﻟا نﺎﻛﻣﻹﺎﺑ | وأ ﻲﻔﺣﺻﻟا ﺢﯾرﺻﺗﻟا | |||||
You may refer to the agency's website for the report | |||||||
executive summary | يذﯾﻔﻧﺗﻟا صﺧﻠﻣﻟا | ||||||
https://www.fitchratings.com/site/pr/10273195 | |||||||
Name | Mariam Jowhary | يﺮﻫﻮﺟ ﻢ��ﻣ | ﻢﺳﻹا | |||
ت | ف | |||||
Title | Head of Compliance & AML | ف | ��ﻇﻮﻟا �ﺴﻤﻟا | |||
لاﻮﻣﻻا ﻞ�ﺴﻏ ﺔﺤﻓﺎكﻣو ما�ﻟﻹا ﺲ�ﺋر | ||||||
ي | ||||||
ش | Signature ﻊﻴﻗﻮﺘﻟا | |||||
Company Seal ﺔﻛ�ﻟا ﻢﺘﺧ | ||||||
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Disclaimer
GFH Financial Group BSC published this content on 05 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 June 2024 05:04:08 UTC.