Capital Intelligence Ratings Ltd.

04/25/2024 | Press release | Distributed by Public on 04/25/2024 02:37

Boubyan Bank - Ratings Affirmed with a Stable Outlook

25 April 2024 | Country: Kuwait | Bank: Boubyan Bank KSCP

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 Boubyan Bank (BB) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed BB's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable.

Attachments

  • Rating Announcement (CRA)
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