VOL. XLIII

No. 28

10-July-2000

BANKING

TBFW Assigns Saudi Hollandi Senior Debt Rating Of A-

Thomson Financial BankWatch (TFBW) announced on 5 July that it had assigned a Senior Debt Rating of A- to Saudi Hollandi Bank in Riyadh, Saudi Arabia. The agency also affirmed the banks Short-Term Local Currency Debt Rating at LC-1. According to TFBW, the bank has experienced several years of solid performance and "management has implemented strict investment policies and is successfully developing...