Cabym's Weblog

the Reference blog for financial investment in Lebanon

Moody’s Upgrades Lebanon Government Bond Ratings

International ratings agency Moody’s on Tuesday upgraded Lebanon’s government bond ratings by one notch to B1 from B2, citing the country’s resilient banking system and an improved political climate.

Moody’s said it was also upgrading foreign currency bank deposits to B1 from B2 and foreign currency bonds to Ba3 from B1.

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