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Moody's affirms Boubyan Bank’s ratings, outlook

Moody's Investors Service has maintained Boubyan Bank’s baseline credit assessment at ‘ba1’ and its outlook as ‘Stable’. Meanwhile, the bank’s long-term and short-term deposits ratings were affirmed at ‘A3’ and ‘P-2’, respectively, according to a bourse statement on Sunday. The bank referred that the ‘ba1’ rating indicates the rapid growth…

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