Middle East Economic Survey
VOL. LII
No 26
6-Jul-2009
LEBANON
Capital Intelligence Upgrades Lebanons Credit Ratings
International credit rating agency Capital Intelligence announced on 2 July that it raised Lebanons long-term foreign and local currency ratings to B from B- with stable outlook. Long-term foreign currency ratings of six Lebanese banks that were constrained by the sovereigns rating, namely Bank Audi-Audi Saradar Group, BBAC, BLOM Bank, Byblos Bank, Credit Libanais, and Fransabank,...
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