From Globalarabnetwork.com: Moody’s Investors Service has today downgraded the supported ratings of two Bahraini banks.
National Bank of Bahrain BSC’s (NBB) long-term local currency deposit rating was downgraded by one notch to A2, while BBK BSC’s local and foreign currency deposit ratings were similarly downgraded by one notch to A3/Prime-2 and its senior and subordinated debt ratings to A3 and Baa1, respectively. All ratings now have a stable outlook………………………………Full Article: Source