Monday 22, January 2018 by Jessica Combes

Moody's affirms two banks' ratings; changes Lebanon's macro profile to 'very weak+'

Moody's Investors Service (Moody's) has affirmed the B3 long-term deposit ratings of BLOM BANK S.A.L. (BLOM Bank) and Byblos Bank S.A.L. (Byblos Bank), as well as their b3 standalone baseline credit assessments (BCAs). Concurrently, the rating agency affirmed the banks' Not Prime short-term deposit ratings and their A3.lb/LB-2 national scale ratings (NSRs).

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