Middle East Economic Survey
VOL. LIV
No 12
21-Mar-2011
IRAN
Capital Intelligence Affirms EDBIs Foreign Currency Ratings
Capital Intelligence (CI) has affirmed state-owned Export Development Bank of Irans (EDBIs) long term and short term foreign currency ratings at BB- and B, respectively, with a stable outlook,the credit rating agency announced on 15 March. These ratings reflect EDBIs intrinsic financial strength as well as strong support by the Iranian authorities given the banks role as...
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