VOL. XLIV
No 43
22-October-2001
BAHRAIN
Bahrain International Bank RatingFrom CI
Ratings agency Capital Intelligence (CI) announced on 10 October that it haddowngraded the long-term foreign currency rating of Bahrain International Bank (BIB) to BBB- from BBB.The banks short-term rating remains at A3.In a statement, CI explained that BIB recorded substantially weaker results in2000 due to the indirect effects of the downturn in global markets, reducedinvestment banking activities and the falloff...
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