Middle East Economic Survey

VOL. XLVIII

No 47

21-November-2005

SAUDI ARABIA

And Upgrades The Long-Term Foreign Currency Deposit Ratings Of Ten Saudi Banks

On 16 November, Moodys upgraded to A3 from Baa2 the long-term foreign currency deposit ratings for 10 Saudi Arabian banks (National Commercial Bank, Samba Financial Group, Al-Rajhi Banking and Investment Corporation, Riyad Bank, The Saudi British Bank, Banque Saudi Fransi, Arab National Bank, Saudi Hollandi Bank, Saudi Investment Bank, Bank...