Middle East Economic Survey
Moodys Places Local Currency Ratings Of Three Lebanese Banks Under Review
Moodys Investors Service on 27 May placed on review for possible downgrade the global local currency (GLC) deposit ratings of three Lebanese banks Bank Audi, Blom Bank and Byblos Bank although their other ratings were not affected. At present the banks GLC deposit ratings receive a one-notch uplift due to systemic support. Moodys will review over the next few...