VOL. XLIV
No 44
29-October-2001
RATINGS
Capital Intelligence Downgrades Investcorp To BBB+From A-
Ratingsagency Capital Intelligence (CI) announced on 17 October that it haddowngraded the long-term foreign currency rating ofBahrain-based Investcorp Bank to BBB+ fromA-, although the short-term rating remains at A2. In a statement, the agencynoted that Investcorps earnings performance to end June was significantly belowthat of 2000 and that the global economic downturn has created significant...
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