VOL. XLI
No. 46
16-November-1998
LEBANON
A Senior Debt Rating To Byblos Bank
On 2 November, ThomsonBankWatch assigned a senior debt rating of B+ toLebanons Byblos Bank. Byblos Bank, which is the third largest bank in Lebanon interms of assets and the leading retail bank, carries a short-term local currency debtrating of LC-1. The agency said in a statement that Byblos Bank has a stable source ofearnings, satisfactory profitability, high liquidity and strong capitalization, addingthat "thanks to a...
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