Middle East Economic Survey
S&P Assigns Al Ahli Bank Of Kuwait BBB/A-2 Ratings
Standard & Poors on 25 August assigned BBB/A-2 long and short-term counterparty credit and certificate of deposit ratings to Al Ahli Bank of Kuwait (ABK), with a stable outlook. The ratings on ABK reflect the banks satisfactory financial profile, consistent strategy, and good funding and liquidity profile, said S&P credit analyst Emmanuel Volland. They also...