VOL. XLIII

No. 38

18-September-2000

OMAN

CI Affirms Foreign Currency Ratings For BankMuscat

Ratings agency Capital Intelligence (CI) announced on 8 September that it had affirmed the foreign currency ratings of Omans BankMuscat at BBB- long-term and A3 short-term, following the announcement of the merger of the bank with Commercial Bank International (Combank). According to a statement from the agency, the ratings are underpinned by the banks strong ownership and capable management. The domestic...