Thomson BankWatch Rates Bank Muscat
The US ratings agency Thomson BankWatch announced on 10 December that it has rated BankMuscat Al-Ahli Al-Omani (BMAO). The ratings assigned are:
Intra-Country Issuer RatingIC-B/C
Short-Term Local Currency Debt RatingLC-1
Senior Debt RatingBBB-
The agency said that "overall BMAO has healthy earnings with moderate risk andfavorable prospects. As one of the three largest banks in the Sultanate, the bank holds atleast 18% of...