VOL. XXXIX
No. 45
5-August-1996
SAUDI ARABIA
CI Assigns Negative Outlook To BSF And Downgrades Samba
The Cyprus-based ratings agency Capital Intelligence (CI) has placed al-Bank al-Saudi al-Fransi (BSF) on a negative outlook following the release of the bank's half year figures. The agency currently assigns BSF an 'A' long-term rating and an 'A-1' short-term rating. CI said in a statement that the outlook on the bank, in which Banque Indosuez has a 31% stake and the management...
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