Moodys Gives UBK Fund Triple A Rating
The international credit ratings agency Moody's has granted London-based United Bank of Kuwait (UBK) a triple A rating on its new dollar-denominated money market fund. The rating is something of a coup for UBK and its General Manager, Mr. Christopher Keen, since this appears to be the first time that Moody's has given its top rating to anything connected with the Arab Middle East - be it institution, bill, bond...
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