VOL. XLIII
No. 12
20-March-2000
SAUDI ARABIA
Moodys Confirms Stable-To-Positive Outlook For Saudi Arabian Banks...
US ratings agency Moodys Investors Service confirmed in its yearly report on Saudi banks that the countrys financial institutions had been bolstered by the oil price hike, "which in turn reinforces the stability of the outlook for its average credit standing and the financial strength ratings of the individual banks." According to a statement issued by Moodys on 6 March,...
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