Thursday 01, May 2008 by

Fitch affirms Bank Audi and Byblos Bank at B-

Fitch Ratings has affirmed Lebanon-based Bank Audi and Byblos Bank's ratings at long-term Issuer Default (IDR) B- with stable outlook, Short-term IDR B, individual D and support 5. The support rating floors for both banks are affirmed at CCC. At the same time Blom Bank's, another Lebanese bank, support rating is affirmed at 5. Fitch does not maintain any other ratings, apart from support, on Blom.

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