VOL. XLVI

No 43

27-October-2003

JORDAN/KUWAIT

RATINGS

Capital Intelligence Upgrades Jordan Kuwait Bank

Capital Intelligence (CI), the international emerging market rating agency, announced on 10 October that it had upgraded Jordan Kuwait Banks (JKB) long and short-term foreign currency ratings to BB and B respectively, following the recent upgrade in Jordans foreign currency ratings (MEES, 22 September). The assigned ratings are set at the countrys sovereign ceiling. JKBs financial strength rating...