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Moody’s assigns ‘counterparty risk’ ratings to GCC banks
Rating agency Moody’s assigned counterparty risk ratings (CRR) to a string of banks in the Arabian Gulf, measuring their ability to honour uncollateralised non-debt financial obligations, it said in two separate reports this week. First Moody’s upgraded the CRR ratings of 11 banks in Saudi Arabia, assigning them ratings of…
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