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Wednesday, March 16, 2011

Bahrain's Credit Rating Drops Two-Stage

Wednesday, March 16, 2011
International credit rating agency Fitch, Bahrain's "A-" long-term credit rating of more than two steps by downloading the "BBB" attracted to the appearance of the"negative" as a set.

Foundation to the statement made by the decision, the anti-governmentdemonstrations in the country and demonstrators in the military troops in Saudi Arabiato intervene in the recent entry into the country to reflect the increasing political risksare emphasized.

Fitch, insufficient treatment situation of chaos in the country to lower the credit ratingand warned again in three months.

"BBB" credit rating level, shows that the country still has the capacity to pay debts.

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