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Regulation, Risk & Compliance
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Downgraded Bahrain banks to find funding expensive
Rating agency Moody’s Investors Service has downgraded four Bahraini banks in line with its recent downgrade of the Government of Bahrain’s issuer rating to B2 from B1 with negative outlook. In its latest rating action, the rating agency downgraded the long-term local currency deposit ratings of Bank of Bahrain and…
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