Moody’s upgrades four Lebanese banks

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Sunday 05, April 2009 by

Moody’s upgrades four Lebanese banks

Blom Bank, Byblos Bank, Bank Audi and Bank of Beirut have all been upgraded; Moody's also upgraded Byblos Bank's constrained foreign currency senior and subordinated bond ratings to B1 from B2. The outlook on these ratings is now stable.

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