VOL. XXXIX

No. 52

23-September-1996

SAUDI ARABIA

Capital Intelligence Upbeat About SAIB's Outlook

Capital Intelligence, the bank analysis and rating service based in Limassol, Cyprus, has assigned a "positive" out- look to the Saudi Investment Bank (SAIB) and reaffirmed the long and short-term ratings for the bank at BBB and A-1 respectively. The agency expects SAIB's credit ratings to improve over the coming 12-month period. According to the agency, SAIB is Saudi Arabia's second...