VOL. XLIV
No 39
24-September-2001
LEBANON
S&P Says Lebanese Bank Ratings Still Driven By FragileOperating Environment
In a report issued on 12September, Ratings agency Standard & Poors (S&P) said that the maindriver of its ratings on Lebanese banks continues to be the economic riskinherent in their fragile operating environment. According to the agencys BankIndustry Risk Analysis: Lebanon, authored by Emmanuel Volland, theprofitability and asset quality of Lebanese banks are under...
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