Moody's downgrades four Tunisian banks

Moody's Investors Service has downgraded to Ba3 from Ba2 the long-term local currency (LC) deposit ratings of Arab Tunisian Bank (ATB), Banque De Tunisie (BdT) and Banque Internationale Arabe De Tunisie (BIAT), and has also downgraded Amen Bank's long-term LC deposit ratings to B1 from Ba3.