VOL. XLII

No. 17

26-April-1999

LEBANON

To Lebanon痴 Banque Saradar

Thomson Financial BankWatch (TFBW) announced on 22 Aprilthat it had assigned debt ratings to the Lebanese bank, Banque Saradar, asfollows: Short-Term assigned LC-2; Senior Debt assigned B+.

According to a TFBW statement, the ratings reflect "thebank痴 experienced management, a well-thought strategy and vision, committedsupport from shareholders (which include the IFC), and satisfactory assetquality and liquidity." Qualitative issues,...