Moody's Rates KFH
Kuwait Finance House (KFH) has become the first Islamic institution to be rated by the US ratings agency Moody's Investor Services, joining three other Kuwaiti banks - National Bank of Kuwait, Burgan Bank and Gulf Bank - which received ratings at the end of April (MEES, 29 April). The Islamic bank receives a Baa2 on its long-term deposits, a Prime-3 on its short-term deposits and a 'D' Bank Financial Strength Rating which assesses...
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