VOL. XLVII
No 15
12-April-2004
RATINGS
Capital Intelligence Raises Ratings On Gulf Bank And CBK
Capital Intelligence (CI) announced on 26 March that the long-term foreign currency and financial strength ratings for Gulf Bank had both been raised to A, while the long-term foreign currency rating for the Commercial Bank of Kuwait (CBK) had been raised to A-. Other ratings for both banks remain unchanged and the outlook was stable. Gulf Bank has completed the first phase of a multi-year...
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