Moody's affirms NBK rating, stable outlook

Kuwait – Mubasher: Moody's Investors Service affirmed the National Bank of Kuwait’s (NBK) long-term rating at Aa3, with a stable outlook.

In its report released on 25 February, Moody's assigned the bank’s credit rating at A3, long-term deposits at Aa3 and short-term deposits at Prime-1.

The New York based rating agency assigned a Counterparty Risk Assessment (CR Assessment) of Aa2 (cr)/Prime-1(cr) to NBK.  

NBK’s share stood at 730 fils in today’s mid-trading, as 101,000 shares were traded at KWD 73,800.

Mubasher Contribution Time: 29-Feb-2016 08:16 (GMT)