Middle East Economic Survey
VOL. XLVII
No 40
4-October-2004
RATINGS
S&P Affirms BankMuscat Ratings After National Bank of Oman Merger Proposal
Standard & Poor's Ratings Services (S&P) said on 28 September that it has affirmed all of its ratings on Oman-based BankMuscat following the announcement that it is proposing to merge with National Bank of Oman (NBO) as of 1 January 2005 (MEES, 27 September). S&P said BankMuscats ratings remained unchanged, including its BBB-/A-3 counterparty...
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