VOL. XLII

No. 36

6-September-1999

OMAN

TFBW Assigns Debt Ratings To Bank Dhofar Al-Omani Al-Fransi

Thomson Financial BankWatch (TFBW) has assigned a short-termlocal currency debt rating of LC-1 and a senior debt rating of BBB- to BankDhofar Al Omani Al Fransi (BDOF) in Muscat. "Trade and project financingcontinue to play an important role at the bank despite the focus on consumerlending," said a statement from TFBW. The agency said BDOF is the sixthlargest commercial bank in Oman in terms of...