VOL. XLII

No. 19

10-May-1999

JORDAN

Moody痴 To Keep Jordan痴 Bank Ratings Unchanged

Moody痴 Investors Service will keep its Arab Bank, Cairo'Amman Bank (CAB) and Housing Bank ratings unchanged, according to an analystat Moody痴 who recently returned from a visit to 'Amman. The analyst told MEESthat although there are still slight concerns over the country痴 ratings, forJordanian banks they will remain unchanged. However, the analyst confirmed thatthere is "still negative pressure on the country rating...