VOL. XLII
No. 07
15-February-1999
LEBANON
...And Affirms Ratings For Byblos Bank
Fitch IBCA has affirmed its ratings for Byblos Bank ofshort-term B, long-term BB-, an individual rating of C and a support rating of2T on 8 February. The bank merged its operations with Banque Libanaise pour leCommerce last month (MEES, 8, February), making Byblos the largest bankin Lebanon in terms of equity, market capitalization and its branch network.The agency said the management of Byblos has estimated that the...
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