30.09.2009 - Moody's downgrades Bahrain-Based Investcorp for negative outlook

From Globalarabnetwork.com: Moody's Investors Service has today downgraded the long-term deposit ratings of Investcorp Bank B.S.C. ("Investcorp") to Ba2 from Ba1 and its bank financial strength rating (BFSR) to D from D+. The ratings of its subsidiary, Investcorp S.A., were downgraded to the same level. Moody's also assigned a negative outlook to the bank's ratings....................Full Article: Source

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