Gulf Bank's Long-Term Rating Raised to 'A-' with a Stable Outlook
Standard & Poor's, the world's leading international credit rating agency, raised Gulf Bank 's long-term credit rating to (A-) from (BBB+) with a stable outlook. S&P also affirmed the 'A-2' short-term counterparty credit rating on the bank. The stable outlook reflects S&P's assessment that Gulf Bank will maintain its business…
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Source: Standard & Poor's