VOL. XLVII

No 02

12-January-2004

RATINGS

S&P Assigns BankMuscat BBB-/A-3 Ratings With Stable Outlook

Ratings agency Standard & Poors on 6 January assigned BankMuscat a BBB- long-term and A-3 short-term counterparty credit and certificate of deposit rating, with a stable outlook. These are the first full interactive ratings assigned to an Omani bank by S&P, said the agency, which also withdrew its BBpi rating on the bank. The ratings on BankMuscat reflect the banks dominant commercial...