VOL. XLIII

No. 26

26-June-2000

EGYPT

Moodys Changes Cairo 'Amman Banks Financial Strength Rating To Negative From Stable

Moodys Investors Service announced on 13 June that it had changed to negative from stable the outlook for the D financial strength rating of Cairo 'Amman Bank (CAB). Moodys affirmed that the B1/Not-Prime foreign currency deposit ratings of CAB, which have stable outlooks, and pointed out the difficult environment in Jordan, which for the past four years has been characterized...