Middle East Economic Survey
Moodys Adjusts Ratings On Four Lebanese Banks
Moodys Investors Service announced on 21 December that it has adjusted a number of ratings on four Lebanese banks: Bank Audi, BLOM Bank, Byblos Bank and Bank of Beirut. The agency downgraded to Ba3 from Ba2 the long term global local currency (GLC) deposit ratings of Bank Audi, BLOM Bank and Byblos Bank. In addition, the outlook on foreign currency deposit ratings of Bank Audi, BLOM Bank,...