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CI Seminars

CI Seminars

News & Credit Rating Announcements

13 July 2016 | Country: Kuwait | Bank: Boubyan Bank KSCP

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


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.


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