Moody's reaffirms Arab Bank's rating
- Jordan: Monday, December 29 - 2008 at 10:38
In a new report Moody's Investors Service has reaffirmed Arab Bank's A2 rating. A 'stable' outlook has been assigned to the bank, as it has not been affected by the recent global financial turmoil, which is a result of its conservative investment, liquidity and risk profile, according to Moody's. Furthermore, Moody's reaffirmed the bank's long-term rating of A3.
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