VOL. XLII

No. 34

23-August-1999

LEBANON

Thomson Financial BankWatch Assigns Ratings To CréditLibanais

Thomson Financial BankWatch (TFBW) announced on 11 Augustthat it has assigned a short-term local currency debt rating of LC-1, a seniordebt rating of B+ and a senior local currency debt rating of LC-AA- toLebanons Crédit Libanais. The bank, which is the ninth largest in Lebanon interms of assets and, according to TFBW, one of the countrys most prominentfinancial institutions, was owned by...