Thursday 08, March 2012 by Robin Amlôt

Moody's downgrades Bahrain Islamic Bank

Moody's has downgraded Bahrain Islamic Bank's (BisB) supported issuer ratings to Ba3/Not-Prime from Ba1/Not-Prime. In addition, Moody's confirmed the Bank Financial Strength Rating of BisB at E+, but changed its mapping on the long-term scale to B3 from B1. All ratings carry a negative outlook.

Features & Analyses

Technology Lighting up off-grid

By supplying personal solar energy systems through mobile operator partnership, Lumos is striving to reach tens of thousands of Nigerians… read more