VOL. XLVI
No 5
3-February-2003
MOROCCO
Fitch Assigns 4T Support Ratings To Moroccan Banks
Ratings agency Fitch has assigned 4T support ratings to Societe Generale Marocaine de Banques (SGMB) and Banque Commerciale du Maroc (BCM), and at the same time affirmed the same support rating for Banque Marocaine du Commerce Exterieure (BMCE) and Wafabank. The T suffix to the rating highlights transfer risk. The support rating of Credit du Maroc (CM) has been changed to 4T from 3T following a revision of...
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