VOL. XLIV
No. 07
12-February-2001
SAUDI ARABIA
Moodys Reports Stable Outlook ForSaudi Arabian Banks
Moodys Investors Service on 2February confirmed a stable outlook for the Saudi Arabian banking industry withan average D+ financial strength rating. The banks Baa3/Prime-3 ratings forforeign currency bank deposits carry a positive outlook. According to theagencys press release, the Saudi Arabian banking industry enjoys a goodfinancial position and strong franchise. These conclusions were part of...
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