VOL. XLIV

No. 07

12-February-2001

TUNISIA

Moodys Puts Tunisias SocieteTunisienne de Banque On Review For Possible Downgrade

Moodys Investors Serviceannounced on 7 February that it had placed Societe Tunisienne de Banques(STBs) financial strength rating on review for possible downgrade because ofconcerns over the banks solvency, following its December 2000 merger with twodevelopment banks Banque Nationale du Developpement Touristique (BNDT) andBanque de Developpement Economique de Tunisie (BDET)....