News & Credit Rating Announcements
18 September 2023 | Country: Kuwait | Bank: Commercial Bank of Kuwait KPSC
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Commercial Bank of Kuwait – Initial Rating Assigned to KWD100mn Tier 2 Subordinated Bond
Overview
Capital Intelligence Ratings (CI Ratings or CI) has assigned a first-time issue rating of 'BBB' to the KWD100mn Basel III-compliant Tier 2 subordinated unsecured bond issued by Commercial Bank of Kuwait (ComBK). The Outlook for the rating is Stable.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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