VOL. XXXIX No. 62 2-December-1996KUWAIT

Moody's Issues Ratings To Three More Kuwaiti Banks Moody's Investors Service has assigned ratings to three more Kuwaiti banks. Al-Ahli Bank, Bank of Kuwait and the Middle East (BKME) and Commercial Bank of Kuwait all received investment grade ratings (Baa1/Prime-2), which match Kuwait's sovereign ceiling assigned earlier this year (MEES, 5 February). However, the Bank Financial Strength Ratings (BFSRs) which assess the banks on a stand alone basis are...