CI Upgrades Bahraini Banks Ratings
Cyprus-based ratings agency Capital Intelligence (CI) announced on 23 December that it had upgraded the foreign currency ceiling for Bahrain to BBB- long-term and A3 short-term from BB+ and B, respectively. Consequently there are changes to the foreign currency ratings of the following banks with domestic licenses:-Previous RatingsNew Ratings
L/T S/T L/TS/T
Al Ahli Commercial Bank*BB BBB+ A3
Bahrain Development BankBB+ B...