VOL. XLIV

No 50

10-December-2001

BAHRAIN

Fitch Upgrades Bahrains Long-Term Foreign Currency RatingTo BBB

International ratings agency Fitchannounced on 27 November that it had upgraded Bahrains long-term foreign currencyrating to BBB from BBB- and affirmed the countrys long-term local currencyrating at BBB+ and the short-term rating at F3. The country outlook is stable.(The sovereign rating change has resulted in the upgrade of the long-termrating of the National Bank of Bahrain to BBB from...