News & Credit Rating Announcements
21 February 2018 | Country: Oman | Bank: Bank Muscat SAOG
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Bank Muscat - Foreign Currency Ratings Lowered Following Recent Oman Sovereign Rating Action
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has lowered Bank Muscat's (BM) Long-Term Foreign Currency Rating (FCR) to 'BBB' from 'BBB+' and Short-Term FCR to 'A3' from 'A2' in line with the recent downgrade of the Sovereign Rating for the Sultanate of Oman.
Attachments
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Credit Rating Announcement (CRA)
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