VOL. XLVI

No 30

28-July-2003

LEBANON

REGIONAL BANKING

Government Debt Servicing Still Pressuring Lebanese Banks, Says Moodys

The financial strength ratings (FSRs) of Lebanons banks continues to come under negative pressure from their exposure to a government which is severely strained by its onerous debt and debt-servicing, said Moodys Investors Service in a Banking System Outlook report on Lebanon published in June. The three banks that Moodys rates (Banque Audi, Byblos Bank and Banque du Liban...