VOL. XLIV

No. 19

7-May-2001

TUNISIA

Moodys Adjust FSRs Of Some Tunisian Banks

US ratings agency Moodys Investors Service announced on 25 April that it had adjusted the financial strength ratings of some Tunisian banks in line with the new expanded FSR scale (from 9 to 13) which introduced minus-sign modifiers and revised definitions. The banks affected are listed below (the Ba1/NP foreign currency deposit ratings of rated Tunisian banks are not affected by the FSR adjustments and remain at the...