Middle East Economic Survey
VOL. XLVII
No 42
18-October-2004
OMAN
RATINGS
Moodys Affirms Ratings On BankMuscat And NBO, But Reviews Banks Financial Strength
Ratings agency Moodys on 7 October affirmed the credit ratings of BankMuscat and National Bank of Oman (NBO) following the recent announcement of their planned merger. However, it is reviewing for possible down-grade the D+ financial strength rating (FSR) of BankMuscat, and reviewing for possible upgrade the D- FSR of NBO as a result of the...
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