VOL. XLI/VOL. XLII

Nos. 52/1

28-December-1998/4-January-1999

BAHRAIN

Capital Intelligence Puts ABC On Negative Outlook

Capital Intelligence (CI), the international rating agency, announcedon 21 December that it had placed Bahrain-based Arab Banking Corporation (ABC) on anegative outlook. In a statement, CI attributes its concern to ABCs exposure toAsian financial markets and in particular Indonesia and Thailand. CI says that "whilethe bulk of ABCs exposure is to countries in Western Europe and...