Capital Intelligence Downgrades Bahrain International Bank
Capital Intelligence, the internationalemerging market rating agency, on 25 September downgraded both the long- andshort-term foreign currency ratings of Bahrain International Bank (BIB) to C and the outlook remains negative. This followsfast on the heels of a downgrade on 23 September to BB- and B, with theprevious downgrade before that seen in June when the ratings were put at BB andB.
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