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,...