Moody’s changes outlooks on four Lebanese banks to negative

Moody’s changes outlooks on four Lebanese banks to negative - The Daily Star
►http://www.dailystar.com.lb/Business/Lebanon/2011/Jul-21/Moodys-changes-outlooks-on-four-Lebanese-banks-to-negative.ashx

Moody’s has changed its outlook on four Lebanese banks to negative citing economic and political uncertainty in neighboring countries.

Moody’s pointed out that exposure to Syria and Egypt are considerable vulnerabilities for the banks.

The change in outlook affect the standalone bank financial strength ratings (BFSR) and global local-currency (GLC) deposit ratings of Bank Audi, BLOM Bank, Bank of Beirut and Byblos Bank.

Ben voyons.