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Moody's places three Bahraini retail banks on review for possible downgrade

Mon, 2011-02-28 13:15 — newsdesk

National Bank of Bahrain B.S.C. : A3 long-term local and foreign-currency deposit ratings and C- BFSR.
BMI Bank B.S.C. : Baa3/Prime-3 local and foreign-currency deposit ratings and D BFSR.
BBK B.S.C. : A3 long-term local and foreign-currency deposit ratings and C- BFSR.
Moody's decision to place the ratings of NBB, BBK and BMI on review for possible downgrade follows a similar action taken by the rating agency on 23 February, when it placed the sovereign rating of the Bahraini government on review for possible downgrade.

Source: 

http://www.zawya.com/story.cfm/sidZAWYA20110225095829/Moody%27s-places-t...