Moody’s affirms AUB Kuwait credit ratings

Mubasher: Ahli United Bank – Kuwait (AUB Kuwait) said that Moody’s Investors Service has affirmed all credit ratings of the bank, with a “Stable Outlook”.

The rating agency has affirmed AUB Kuwait’s long-term deposits at “A2”, while the baseline credit assessment was affirmed at “baa3”, according to a bourse filing issued on Wednesday.

Moody’s report highlighted the strong economic status in Kuwait, the solid, stable, and good assets of Kuwaiti banks, and the robust capital levels which reflects strong liquidity.

Mubasher Contribution Time: 04-Oct-2017 07:02 (GMT)
Mubasher Last Update Time: 04-Oct-2017 07:32 (GMT)