VOL. XXXIX

No. 31

29-April-1996

KUWAIT

Moody's Gives Investment Grade Ratings To Three Kuwaiti Banks

Following the release of its ratings on six banks in Bahrain and the UAE, Moody's Investor Services has issued first time ratings on three Kuwaiti banks - National Bank of Kuwait (NBK), Gulf Bank and Burgan Bank. All three have been given investment grade ratings on their long and short-term deposits. The Bank Financial Strength Ratings (BFSR), which assess the institutions on a...