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...
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