News Middle East22 Oct 2020

Saudi Arabia:Fundamentals and shareholders' support are behind ICIEC's Aa3 IFSR

| 22 Oct 2020

The main shareholders of The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), in particular Islamic Development Bank (IsDB) and Saudi Arabia, are very likely support the company in times of financial distress, given ICIEC's key role as facilitator of trade between many countries, notes Moody's Investors Service.

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