VOL. XLIV

No. 07

12-February-2001

LEBANON

FITCH Downgrades The Long-TermRatings Of Banque Audi And Byblos Bank

Fitch also downgraded thelong-term ratings of Banque Audi and Byblos Bank to B+ with a stable outlookfrom BB- with a negative outlook. At the same time, the agency has placed thelong-term B+ ratings of Al Marawid Bank SAL, Allied BSN Bank and BanqueSaradar on Rating Watch Negative and affirmed the long-term rating for CreditLibanais at B+ with a stable outlook.