Wednesday 23, March 2011 by
S&P ratchets down Bahraini banks ratings, Fitch affirms GIB and GIBUK
S&P has lowered to 'BBB/A-3' from 'A-/A-2' its long- and short-term counterparty ratings on Ahli United Bank (AUB) and Arab Bank (Bahrain). The ratings of both are on CreditWatch with negative implications.
