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Fitch Ratings affirms Gulf Bank’s long-term issuer default rating at A
Fitch Ratings has affirmed Gulf Bank’s Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook. Fitch has also affirmed the Bank’s Viability Rating (VR) at ‘bbb-’. According to the recently published Fitch Ratings commentary, Fitch stated that: “Gulf Bank’s IDRs reflect potential support from the Kuwaiti authorities, as…
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Source: Fitch Ratings