VOL. XLVI

No 23

9-June-2003

RATINGS

Capital Intelligence Raises Rating For Arab National Bank

Capital Intelligence has raised its financial strength rating for Arab National Bank (ANB) of Saudi Arabia from A- to A, with a stable outlook. The long-term foreign currency rating was maintained at A- and the short-term foreign currency rating at A2. Both ratings compare to the sovereign rating for Saudi Arabia, at A- long-term and A2 short-term.

Capital Intelligence said the upgrade was based in large...