VOL. XL

No. 50

15-December-1997

OMAN

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...