Moody’s affirms Warba Bank credit rating

Kuwait – Mubasher: Warba Bank said that Moody’s Investors Service has affirmed the bank’s credit ratings with a ‘Stable’ outlook, according to a bourse statement issued Wednesday.

Moody’s has affirmed the credit rating at ‘ba3’, while the long- and short-term foreign currency deposits were affirmed at Baa2 and P-2 respectively.

On the stock level, Warba ended Wednesday’s session at 164 fils after about 239,820 shares were exchanged at a value of nearly KWD 39,670.

 

Mubasher Contribution Time: 12-Oct-2016 12:16 (GMT)
Mubasher Last Update Time: 12-Oct-2016 12:16 (GMT)