Kuwait – Mubasher: Al Ahli Bank of Kuwait (ABK) said that Fitch Ratings has affirmed the credit rating of the bank with a ‘Stable’ outlook.
Fitch has affirmed ABK’s Long-term Issuer Default Rating (IDR) at (+A), with a ‘Stable’ outlook, according to a bourse statement.
The short-term IDR was affirmed at (F1), while the sustainability and growth rating was affirmed at (BB+).
Fitch report said that ABK’s outlook reflects Kuwait’s sovereign credit rating.
