Moody’s affirms Burgan Bank Turkey’s long-term rating

Kuwait-Mubasher: Moody’s Investors Service affirmed the long-term credit rating of Burgan Bank Turkey at ‘Ba3’, with a ‘Positive’ future outlook, according to a bourse statement.

The rating depended on the bank's B2 standalone baseline credit assessment (BCA) and the support by the mother company in Kuwait.

Burgan Bank’s stock started Thursday’s session at 340 fils, after about 191,600 shares were traded with a value of about KWD 65,200.

Mubasher Contribution Time: 07-Apr-2016 07:07 (GMT)
Mubasher Last Update Time: 07-Apr-2016 16:05 (GMT)