Industrial Bank of Kuwait: Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Industrial Bank of Kuwait (IBK) at 'A+' and 'A1' respectively. At the same time, CI Ratings has affirmed both the Bank's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at 'bbb+'. The Outlook for the LT FCR and BSR remains Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Kuwait)
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