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Moody's takes rating actions on 26 GCC banks

Of the 26 GCC banks affected, the long-term ratings and/or the Counterparty Risk Assessments of 25 banks domiciled in Bahrain five banks, Kuwait two, Qatar two, Saudi Arabia 11 and UAE five were placed under review for downgrade, while the long-term ratings of one other Bahraini bank were affirmed and…

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Click here to read the full story: CPI Financial

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