VOL. XLV

No 37

16-September-2002

RATINGS

S&PUpgrades Commercial Bank of Kuwait Outlook To Positive

Standard & Poors (S&Ps)Ratings Services said on 5 September it had revised its outlook to positivefrom stable on Commercial Bank of Kuwait (CBK), the third largest financialinstitution in Kuwait. At the same time, it affirmed its triple-B long-term andA-2 short-term counterparty credit and certificate of deposit ratings on thebank. The positive outlook reflects the improvement in Kuwaits...