News & Credit Rating Announcements
01 June 2023 | Country: Kuwait | Bank: Al Ahli Bank of Kuwait K.S.C.P.
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Al Ahli 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 Al Ahli Bank of Kuwait (ABK) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed ABK's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable.
Attachments
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Rating Announcement (CRA)
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Bank Rating Report (Kuwait, Al Ahli Bank of Kuwait K.S.C.P.)
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