VOL. XLVII
No 13
29-March-2004
RATINGS
Capital Intelligence Raises Omans Alliance Housing Bank Rating
Capital Intelligence (CI) announced on 24 March that it has upgraded the long-term foreign currency rating of Alliance Housing Bank (AHB) to BBB- (investment grade) from BB+ in view of the banks growing maturity and sustained good performance last year. The support rating has been raised to three from four to reflect the rising ownership of state-owned entities in the banks capital. The short-term...
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