Middle East Economic Survey

VOL. LII

No 36

7-Sep-2009

Bahrain

Bahraini Banking Outlook Negative, Says Moodys

The medium term credit outlook for the Bahraini banking system is negative, according to Moodys Investors Services. In its August Banking System Outlook, Moodys says this view reflects expectations that difficult credit and business conditions will continue over the next few months: This expectation is driven by the ongoing economic slowdown within the Gulf Cooperation Council (GCC) region,...