Comment & Analysis
Trading, Broking & Stock Exchanges
Uncategorized
Fitch affirms KIB’s long-term A+ rating, with stable outlook
Fitch Ratings has affirmed Kuwait International Bank’s long-term issuer default rating (IDR) at 'A+' and viability rating (VR) at “bb-”, with a stable outlook. KIB is exposed to slower domestic economic growth due to the coronavirus (COVID-19) pandemic and lower oil prices, however, Kuwait is more resilient than its peers,…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya