Moody's Affirms Bank Albilad Rating on 'Very High' Likelihood of Government Support

12:31 AM EDT, 10/22/2026 (MT Newswires) -- Moody's affirmed the A2 long-term deposit ratings of Bank Albilad (SASE:1140), with an unchanged stable outlook, according to a Wednesday note. The rating agency highlighted the "very high" possibility of support from the Saudi Arabian government for the lender, as well as its baseline credit assessment, driven by strong asset quality and solid profitability and funding profile. The bank's solid capitalization also factored into the affirmation. Meanwhile, Moody's said its stable outlook reflects expectations for a stable credit profile for the bank over the next 12 months to 18 months, as well as the stable outlook for the Saudi government.