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Saudi Hollandi Bank rating cut by Capital Intelligence
- Saudi Arabia: Wednesday, September 09 - 2009 at 08:57
International credit rating agency Capital Intelligence has lowered the financial strength rating of Saudi Hollandi Bank, the kingdom's fourth-smallest bank by total assets, from A to A-, Saudi Gazette has reported. The long-term foreign currency rating of A and the short-term foreign currency rating of A2 are unchanged, as is SHB's support rating of 2; a 'Stable' outlook is assigned to both the Foreign Currency and Financial Strength Ratings.
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StaffWednesday, September 09 - 2009 at 08:57 UAE local time (GMT+4)
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