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NBK long term A+ rating affirmed
- Kuwait: Thursday, October 01 - 2009 at 14:31
The National Bank of Kuwait (NBK) has had its A+ rating affirmed by agency Standard & Poor's. The group said that the rating was supported by its strong capitalization, resilient operating performance and a commercial position in the domestic market. The bank reported H1 net profits of $439m and consolidated assets reached $42.2bn as of June 30 2009.
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StaffThursday, October 01 - 2009 at 14:31 UAE local time (GMT+4)
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