Moody's upgrades Bank Nizwa’s foreign currency rating and base credit assessment with stable outlook

In a significant development that lauds its strategic growth and resilience, Bank Nizwa, the Sultanate of Oman's leading Islamic bank, has been recognised for its exceptional performance as Moody's Investors Service (Moody's) upgraded its long-term foreign and local currency deposit ratings to Ba1 from Ba2.  Furthermore, Moody's recent rating action…