Boubyan Bank K.S.C.P.’s Ratings Affirmed with a ‘Stable’ Outlook

Overview

Capital Intelligence Ratings (CI Ratings), the international credit rating agency, today announced that it has affirmed Financial Strength Rating (FSR) of Boubyan Bank (BB) at 'BBB+' with a 'Stable' Outlook.  The FSR is particularly supported by the lower Non-Performing Islamic Financing Facilities (NP-IFF) ratio and enhanced Islamic Financing Facilities Loss Reserve (IFF-LR), the strong capital base and ratios, and the sound and improved profitability at the net level.

Attachments

• View Credit Rating Announcement (CRA)
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• Bank Rating Report (Kuwait, Boubyan Bank KSCP)
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