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Published on 10/9/2023 in the Prospect News Emerging Markets Daily.

Fitch ups Omani banks

Fitch Rating said it raised its ratings on Bank Dhofar SAOG, National Bank of Oman SAOG and Ahli Bank SAOG to BB+ from BB.

The upgrades follow a similar action on Oman’s sovereign rating on Sept. 25 to BB+ from BB, Fitch said.

The outlook is stable.


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