Middle East Economic Survey

VOL. LII

No 8

23-Feb-2009

KUWAIT

S&P Places Kuwaiti Banks On CreditWatch Negative

Standard & Poors (S&P) Ratings Services said that it placed its A- long-term counterparty credit ratings on Kuwait Finance House and Commercial Bank of Kuwait on CreditWatch with negative implications and it affirmed the A-2 short-term counterparty credit ratings on the same banks. At the same time, it placed its BBB+/A-2 long- and short-term counterparty credit ratings on Al...