VOL. XL
No. 34
25-August-1997
BAHRAIN
Thomson BankWatch Assigns Rating To BBK
The US Ratings agency Thomson Bankwatch announced on 19 August that it has assignedBahrain-based Bank of Bahrain and Kuwait (BBK) an Intra-Country Issuer Rating of C and aShort-Term Local Currency Debt rating of 1 (CI-C, LC-1). The agency said that BBK is"undergoing broad changes to enhance coordination among its relatively diverseoperationsThe bank maintains ample capital and loan loss reserves to support abalance...
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