Capital Intelligence Ratings Ltd.

04/23/2024 | Press release | Distributed by Public on 04/23/2024 04:48

National Bank of Kuwait - Ratings Affirmed

23 April 2024 | Country: Kuwait | Bank: National Bank of Kuwait SAKP

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of National Bank of Kuwait (NBK) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed NBK's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of Very High. The Outlook for the LT FCR and BSR remains Stable.

Attachments

  • Rating Announcement (CRA)
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