VOL. XLIV
No 47
19-November-2001
BAHRAIN
Moodys Downgrades BMB InvestmentBank
US ratings agency MoodysInvestors Service announced on 8 November that it had downgraded Bahrain-basedBMB Investment Banks financial strength rating (FSR) to D- from D and itslong-term foreign currency deposits rating to Ba3 from Ba2. Negative outlookshave been assigned to both ratings. In a statement, the agency said that theaction concludes the review that was initiated in June and that the mainrationale for it was...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!