VOL. XLV

No 28

15-July-2002

JORDAN/KUWAIT

CI Assigns PositiveOutlook To Jordan Kuwait Bank

On 3 July ratings agency Capital Intelligence (CI) raisedthe outlook for Jordan Kuwait Banks (JKB) domestic strength rating topositive. Last year JKBs domestic strength ratingwas upgraded to BBB-, while the long and short-term foreign currency ratingsfor the bank are limited to BB- and B respectively by the sovereign currencyceiling for Jordan. According to CI, JKB has been oneof Jordans best performing...