Middle East Economic Survey

VOL. XLVII

No 23

07-June-2004

RATINGS

Capital Intelligence Sees Improved Outlook For Saudi Investment Bank

Capital Intelligence (CI) announced on 25 May that it has placed the Saudi Investment Bank (SAIB) on a positive outlook, while maintaining the banks current ratings. The long-term foreign currency and financial strength ratings were affirmed at A- and the short-term foreign currency rating at A2. The improved outlook is in anticipation of continued increases in...