Arab banks’ Tunisia unit keeps rating

Arab Banking Corporation Tunisie’s (ABC Tunisie) long-term national rating has been kept at AA+(tun), with a stable outlook, by Fitch Ratings.

The Tunisia-based financial services company has been affirmed on potential support from its parent company, Arab Banking Corporation, a Bahrain-based financial services provider.

Meanwhile, Fitch has also affirmed ABC Tunisie’s short-term national rating at F1+(tun).

This comes just after Fitch affirmed ABC Tunisie’s long-term national rating at AA+(tun), with a stable outlook, in 2020.

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