United Gulf Bank’s Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, announced today that it has affirmed the Long- and Short-Term Foreign Currency Ratings (FCRs) of United Gulf Bank (UGB) at 'BBB' and 'A3', respectively, given its strong ownership, and the demonstrated financial and liquidity support from Kuwait Projects Company Holding K.S.C. (KIPCO Group).

Attachments

• View Credit Rating Announcement (CRA)
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• Bank Rating Report (Bahrain, United Gulf Bank B.S.C.)
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