VOL. XXXIX

No. 34

20-May-1996

OMAN

Four Omani Banks Receive Investment Grade Ratings From Moody's

The US ratings agency Moody's Investor Services has issued first-time ratings on four Omani banks. All the banks receive investment grade ratings on their deposits but none scores higher than a D+ on the Bank Financial Strength Ratings (BFSR), which assess banks on a stand-alone basis. Although low by international standards, the BFSRs are consistent with the other ratings which Moody's has...