VOL. XLIII

No. 35

28-August-2000

LEBANON

Moodys Changes Outlook For Lebanons Banque Audi To Stable From Positive

Moodys Investors Service on 17 August announced that it had changed its outlook on Banque Audis financial strength rating to stable from positive and maintained the banks B2/NP foreign currency deposit ratings at stable. The change is primarily due to the increased vulnerability of the banks financial health amid a weak operating environment in Lebanon, the agency said in a statement...