S&P lifts Arab Tunisian Bank view to stable

Standard & Poor’s said it revised the outlook on Arab Tunisian Bank to stable from negative.

The agency also said it affirmed the bank’s long- and short-term counterparty credit ratings at B.

The ratings are constrained by the operating challenges in Tunisia, but the bank’s exposure to these risks now pose less threat, S&P said.

These risks have stabilized because of easing political tensions in the country, the agency added, but the bank is still vulnerable to further economic slowdown because it operates only in Tunisia.

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