VOL. XLI

No. 49

7-December-1998

JORDAN

Moodys Awards Arab Bank Baa1/Prime-2 For Deposits Of ForeignBranches

US ratings agency Moodys Investors Services announced on 20November that it had awarded Arab Bank Plc a deposit rating of Baa1/Prime 2 for brancheswhere the foreign currency bank deposit ceilings permit, the highest ratings Moodyshas assigned for foreign currency deposits of Arab Bank Plc. The ratings are attributed byMoodys to the banks "particular structure of geographical...