News & Credit Rating Announcements
27 April 2016 | Country: Oman | Bank: Bank Muscat SAOG
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Bank Muscat - Financial Strength Rating Lowered; Outlook Revised to Negative
Overview
Capital Intelligence Ratings (CI Ratings), the international credit rating agency, today announced that it has lowered the Financial Strength Rating (FSR) of Bank Muscat SAOG (BM) to 'A-' from 'A', reflecting adverse changes in the Bank's operating environment linked to the ongoing and highly negative impact of lower oil prices on the Omani economy and public finances.
Attachments
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Credit Rating Announcement (CRA)
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Bank Rating Report (Oman, Bank Muscat SAOG)
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