Moody's affirms CBK rating at 'A3', says outlook 'stable'

Mubasher: Moody's Investors Service has affirmed the Commercial Bank of Kuwait’s (CBK) deposits rating at "A3", with a "stable" outlook, the same rating of the previous month.

Moody’s maintained the bank's baseline credit assessment (BCA) unchanged at "ba1", and the counterparty risk assessment at (A2(cr)/Prime-1(cr)), according to a bourse filling on Monday.

At the stock level, CBK's stock closed at 400 fils on Monday after 69,500 shares were traded, generating KWD 27,800.

Mubasher Contribution Time: 18-Dec-2017 15:14 (GMT)
Mubasher Last Update Time: 18-Dec-2017 15:14 (GMT)