Fitch Ratings has affirmed Saudi Arabia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'AA'. The Country Ceiling has been affirmed at 'AA+' and the Short-term foreign currency IDR at 'F1+'. The affirmation reflects the following factors: Saudi Arabia has exceptionally strong sovereign and external balance sheets. Sovereign net foreign assets were 112 percent of GDP at end-2013, the fifth-strongest of all Fitch-rated sovereigns.
09-08-2014, 01:35 AM
Kingdom outlooks on long-term IDRs stable
العرض العادي
