Bank Muscat - LT FCR and BSR Outlook Revised to Negative following Sovereign Rating Action

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has revised the Outlook for Bank Muscat's (BM) Long-Term Foreign Currency Rating (LT FCR) of 'BBB-' and Bank Standalone Rating (BSR) of 'bbb-' to Negative from Stable. This follows CI Ratings' recent revision of the Outlook for Oman's sovereign ratings to Negative.

Attachments

• Rating Announcement (CRA)
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