VOL. XL
No. 46
17-November-1997
SAUDI ARABIA
Moody's Rates United Saudi Bank
Moody's also said on 10 November that it had withdrawn its ratings of United SaudiCommercial Bank (USCB) and Saudi Cairo Bank which merged in September and given the newUnited Saudi Bank (USB) a bank financial strength rating (BFSR) of D. The BFSR assessesthe bank on a stand-alone basis and takes no account of the likelihood of centralgovernment support. USB's long and short-term deposits are put a Baa3/Prime-3, the...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!