MERIS Ratings

Housing & Development Bank (HDB)

MERIS (Middle East Rating & Investors Service) affirms the National Scale Rating (NSR) of an “A-” grade for Housing and Development Bank “HDB”, with a “Stable” Outlook.

Financial Group for Securitization Co. 2nd Issue (MNHD 1st Issue)

MERIS (Middle East Rating & Investors Service) Affirms the National Scale Ratings (NSR) to the 2nd Multiple-Tranche Asset-Backed Securitization Bond Issued by Financial Group for Securitization Company and Backed by a Portfolio of Real Estate Receivables Originated by Madinet Nasr for Housing and Development Company.

Capital Securitization Co. 1st Issue (GB Lease 2nd Issue)

MERIS (Middle East Rating & Investors Service) Affirms The National Scale Ratings (NSR) to The First Multiple-Tranche Asset-Backed Securitization Bond Issued by Capital Securitization Company and Originated by GB Lease S.A.E.

Capital Securitization Co. 3rd Issue (GB Lease 3rd Issue)

MERIS (Middle East Rating & Investors Service) Affirms the National Scale Ratings (NSR) to The Third Multiple-Tranche Asset-Backed Securitization Bond Issued by Capital for Securitization Company and Originated by GB Lease S.A.E.

Al Tawfeek Securitization Company 2nd Issue (AT Lease 2nd Issue)

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE SECOND MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY AL TAWFEEK SECURITIZATION COMPANY AND ORIGINATED BY AL TAWFEEK LEASING COMPANY (SECOND PORTFOLIO)

Hermes Securities Brokerage Company (2nd Short Note)

MERIS (Middle East Rating & Investors Service) affirms the national scale long-term senior unsecured entity rating of “BBB+” with a Stable Outlook and the short-term senior unsecured issuer rating of “P2” to Hermes Securities Brokerage Company

Sarwa Securitization Company 34th Issue

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE 34th MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY SARWA SECURITIZATION COMPANY

Sarwa Securitization Co. – 33rd Issue

MERIS (Middle East Rating & Investors Service) Affirms the National Scale Ratings (NSR) Assigned to the 33rd Multiple-Tranche Asset-Backed Securitization Bond Issued by Sarwa Securitization Company

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