AUB Kuwait says CI affirms credit rating

Kuwait – Mubasher: Capital Intelligence (CI) has affirmed the Financial Strength Rating (FSR) of Ahli United Bank Kuwait (AUB Kuwait) at 'A-', with a 'Stable' Outlook.

The rating agency has also affirmed the bank’s Long- and Short-Term Foreign Currency Ratings at ‘A+’ and ‘A2’ respectively, with a ‘Stable’ Outlook, AUB Kuwait said according to the periodical report which was issued by CI on 30 November. 

CI said that the ratings comes “in view of the sound asset quality, good capital adequacy, comfortable liquidity, and more than satisfactory profitability at both the operating and net levels,” according to the issued report.

 

Mubasher Contribution Time: 22-Dec-2016 07:15 (GMT)
Mubasher Last Update Time: 22-Dec-2016 07:15 (GMT)