Fitch downgrades HSBC Bank Middle East’s Viability Rating

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Tuesday 19, June 2012 by Robin Amlôt

Fitch downgrades HSBC Bank Middle East’s Viability Rating

Fitch Ratings has affirmed HSBC Bank Middle East 's ( HBME ) Long-term Issuer Default Rating (IDR) at 'AA-' but has downgraded the Viability Rating (VR) to 'bbb' from 'bbb+'.

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