U.S. Markets closed

Al Rayan Bank PLC -- Moody's changes outlook on Al Rayan Bank to stable from negative

Moody's Investors Service (Moody's) today affirmed the Aa3/Prime-1 deposit ratings of Al Rayan Bank PLC (ARB), as well as its baa2 baseline credit assessment (BCA) and its a2 adjusted BCA. The rating agency also affirmed ARB's Counterparty Risk Ratings (CRRs) at Aa2/Prime-1 and its Counterparty Risk Assessment (CR Assessment) at Aa2(cr)/P-1(cr). Moody's changed the outlook on the long-term deposit rating to stable from negative.