Middle East Economic Survey
Arab National Banks Ratings Affirmed By Fitch
Saudi Arabia-based Arab National Banks (ANB) ratings were affirmed by Fitch Ratings on 6 October. The long-term, short-term and individual ratings, standing respectively at BBB+, F2 and B/C, reflect ANBs sizeable franchise, consistent profitability growth and sound capitalization. The support rating, standing at 2, reflects the high probability of support from the government should the...