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Moody's Investors Service has placed on review for downgrade the B2 long-term local-currency deposit ratings of Amen Bank (AB), Arab Tunisian Bank (ATB), Banque de Tunisie (BT), Banque Internationale Arabe de Tunisie (BIAT) and the B3 long-term local-currency deposit ratings of Société Tunisienne de Banque (STB).

 

The rating actions on the banks follow Moody's decision to place Tunisia's government long-term issuer ratings of B2 on review for downgrade on 17 April 2020.

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