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Fitch affirms ratings of five Omani banks; outlooks revised to negative

Fitch Ratings has affirmed Bank Muscat's long-term issuer default rating at BBB+ and National Bank of Oman's, BankDhofar's, Bank Sohar's and Ahlibank's long-term IDRs at BBB. The global ratings agency revised outlooks on all the banks' long-term IDRs to negative from stable following a review of Fitch's assessment of the…

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