VOL. XLII

No. 33

16-August-1999

JORDAN

TFBW Assigns Ratings To Arab Jordan Investment Bank

Thomson Financial BankWatch (TFBW) assigned debt ratings toArab Jordan Investment Bank (AJIB) on 10 August. The ratings are a Short-TermLocal Currency Debt Rating of LC-1, a Senior Debt Rating of B+ and a SeniorLocal Currency Debt Rating LC-A+. "Since its establishment, the bank hasconcentrated on specific niche markets and to cater mostly for medium and highnet worth individuals, in addition to developing...