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BAHRAIN: MOODY'S UPGRADES THE DEPOSIT RATINGS OF NATIONAL BANK OF BAHRAIN AND BBK. OTHER BAHRAIN BANKS UNAFFECTED.

Publication: IPR Strategic Business Information Database
Publication Date: 29-JUL-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Moody's Investors Service has upgraded the foreign currency deposit rating of both National Bank of Bahrain and BBK to A2/Prime-1 from A3/Prime-2. This rating action follows Moody's upgrade of Bahrain's foreign currency deposit ceiling to A2/Prime-1 from A3/Prime-2 to reflect the improvements in the country's public and external finances....

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