Thomson Bankwatch Rates Jordan's Arab Bank
The US ratings agency Thomson Bankwatch released on 30 June its assigned ratings forArab Bank PLC in Amman, Jordan. The ratings are:
Short-Term Debt Rating Assigned TBW-1
Senior Debt RatingAssigned AA-*
Thomson Bankwatch says that Arab Bank's asset quality is "extremely solid"with "more than sufficient asset liquidity to repay all foreign currencyobligations." The "unique capital structure" enables the bank ratings...