Standard & Poor's Ratings Services commented on its CreditWatch placement of Bahrain-based Arab Banking Corp. B.S.C. (ABC).
The 'BBB-/A-3' long- and short-term counterparty credit ratings on ABC remain on CreditWatch, where we placed them with negative implications on March 21, 2011.
The CreditWatch placement also applies to all Standard & Poor's ratings on the bank's debt instruments.
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