Moodys Revises FSR Outlook For BMCE From Stable To Positive
US ratings agency Moodys Investors Service announced on 16 February that it had revised the financial strength rating (FSR) of Banque Marocaine du Commerce Exterieur (BMCE) from stable to positive. It also said that the outlook on the banks foreign currency exchange deposit ratings remains stable and unchanged. The move is a result of improvements in BMCEs franchise.
According to the agency,...