VOL. XXXIX No. 58 4-November-1996SAUDI ARABIA

Moody's Rates Three More Saudi Banks The US ratings agency, Moody's Investors Service, has assigned ratings to a further three Saudi banks - Saudi Hollandi, Saudi Cairo and Saudi Investment Bank (SAIB). The three were all rated as investment grade on their long- and short-term foreign currency deposits at the Baa3/Prime-3sovereign ceiling for Saudi Arabia. In June of this year, Moody's issued ratings on Saudi American Bank, Saudi British Bank,...