Saturday 30 April 2016
 
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Ratings

S&P affirms NBK’s ratings, outlook stable

Standard & Poor’s, the international credit rating agency, affirmed the long-term credit ratings of National Bank of Kuwait (NBK) at A+, with all ratings carrying a stable outlook. “Our outlook on NBK is stable, re

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Dar Al Arkan gets key ratings downgrade

Moody's Investors Service has downgraded the corporate family rating of Dar Al Arkan Real Estate Development Company (Daar) to B1 from Ba3 and the company's probability of default rating (PDR) to B1-PD from Ba3-PD. The out

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S&P may cut oil countries' ratings to reflect 'new reality'

Credit rating agency Standard & Poor's signalled on Friday that oil-exporting countries face fresh downgrades as crude prices fall further and that it could repeat last year's move when it made a big group of cuts all at once.

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S&P may cut oil countries' ratings to reflect 'new reality'

Credit rating agency Standard & Poor's signalled on Friday that oil-exporting countries face fresh downgrades as crude prices fall further and that it could repeat last year's move when it made a big group of cuts all at once.

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BKIC boost as ratings affirmed

Ratings agency AM Best International has affirmed the financial strength rating A- and the issuer credit rating of “a-” of Bahrain Kuwait Insurance Company (BKIC), with stable outlook for both ratings. In a statement, AM Best said

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IIRA reaffirms ratings of Bank ABC Islamic

The Islamic International Rating Agency (IIRA) has reaffirmed the ratings of Bank ABC Islamic at A+(bh) (Single A Plus)/A1(bh) (A One) on the national scale (long term and short term respectively), and A- (Single A Minus)/A2 (A Two) on the int

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GFH gets key Fitch ratings boost

GFH Financial Group (GFH), the Bahrain based Islamic financial group, said it has received a long-term Issuer Default Rating (IDR) at 'B-' with a stable outlook from international credit rating agency Fitch. Fitch has prim

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National Bank of Kuwait gets top ME ratings

Moody’s Investors Service has affirmed National Bank of Kuwait’s (NBK) long-term global local currency (GLC) deposit rating at Aa3, the highest in the Middle East and North Africa, with a stable outlook. NBK’s ra

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GFH boost as key ratings affirmed

GFH Financial Group has announced that Capital Intelligence, the international credit rating agency, has affirmed GFH’s Long-Term Rating at ‘BB’ and Short-Term Rating at ‘B’. The outlook for GFH’s ratings ha

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Moody's assigns first-time ratings to Invest Bank

Moody's Investors Service has assigned long and short term local and foreign currency deposit ratings of Baa3/Prime-3 to UAE-based Invest bank and a baseline credit assessment (BCA) of ba2. The long-term ratings carry a stable outlo

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