Middle East Economic Survey
VOL. LIII
No 7
15-Feb-2010
BAHRAIN
S&P Revises BMI Bank Outlook To Negative
The deteriorated operating environment in the Gulf region is weakening asset quality and the financial performance of banks, according to Standard & Poors Ratings Services (S&P). On 8 February the agency revised its outlook on Bahrains BMI Bank to negative from stable, while affirming the BBB- long-term and A-3 short-term counterparty credit ratings on the bank. The ratings reflect...
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