VOL. XLII
No. 18
3-May-1999
EGYPT
TFBW Assigns Debt Ratings To CAB
Thomson Financial BankWatch (TFBW) has assigned debt ratingsto Jordans Cairo Amman Bank (CAB) as follows: Short-Term Local Currency DebtRating LC-1, Senior Debt Rating B+ and Senior Debt Local Currency Debt RatingLC-A+. CAB is the third largest bank in Jordan, and is now privately owned,with Banque du Caire and the Jordanian Government currently holding stakes ofonly 12% and 10% respectively. The agency said that in the last two...
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