Fitch affirms ratings of five Omani banks; outlooks revised to negative
Fitch Ratings has affirmed Bank Muscat's long-term issuer default rating (IDR) at BBB+ and National Bank of Oman's (NBO), BankDhofar's, Bank Sohar's and Ahlibank's long-term IDRs at BBB. The global ratings agency revised outlooks on all the banks' long-term IDRs to negative from stable following a review of Fitch's assessment of the Oman government's ability to support domestic banks. (Muscat Daily)
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