VOL. XLIV
No. 06
5-February-2001
BAHRAIN
Moodys Upgrades ABCs Outlook ToPositive From Stable
US ratings agency MoodysInvestors Service announced on 24 January that it had changed the outlook onthe Ba1/NP long-term and short-term foreign currency deposit ratings ofBahrain-based Arab Banking Corporation (ABC) from positive to stable. Accordingto a statement from the agency, the move reflected ABCs new expansionstrategy focusing on the Arab world, which it believes could substantiallyimprove the...
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