VOL. XLVI

No 39

29-September-2003

RATINGS

Moodys Puts Samba On Review For Possible Downgrade

Moody's Investors Service has placed Saudi American Bank's (Samba) C+ financial strength rating on review for possible downgrade as a result of the change in its relationship with Citigroup, its 20% shareholder and partner of long standing (MEES, 22 September). Moody's said that the rating review will focus on assessing the impact on Sambas franchise of the possible withdrawal of up to twenty key...