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BankDhofar assigned A3/P-2/D+ ratings by Moody’s

Moody's Investors Service has assigned A3/P-2 foreign currency deposit ratings, and a D+ Bank Financial Strength Rating (BFSR) with a stable outlook to BankDhofar, Oman Observer has reported. The rating captures the bank's strong franchise in Oman, with around 11% share in domestic market assets, as well as its adequate financial performance, underpinned by a good recurring earning capacity, strong efficiency levels and adequate capitalisation.