VOL. XLIV

No 32

6-August-2001

OMAN

Moodys Puts OmanInternational Banks FSR On Review

US ratings agency MoodysInvestors Service announced on 26 July that it had placed on review forpossible downgrade the D+ financial strength rating (FSR) of Oman InternationalBank (OIB). The long and short-term foreign currency deposit ratings for OIBwere affirmed at Baa3 and Prime-3 respectively. According to a statement fromthe agency, the move reflects the recent resignation of the banks ChiefExecutive Officer,...