News & Credit Rating Announcements
16 February 2023 | Country: Jordan | Bank: Jordan Kuwait Bank
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Jordan Kuwait Bank’s 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 Jordan Kuwait Bank (JKB) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed JKB's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating of 'b+', and 'bb' respectively, and the Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Positive and Stable, respectively.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (Jordan, Jordan Kuwait Bank)
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