Company News

Emirates NBD wins top honor at BAI Global Innovation Awards

(Press Release - 10/17/2017 1:54:00 PM)

Emirates NBD, a leading bank in the region, has been declared the Most Innovative Financial Services Organization of the Year at the BAI Global Innovation Awards held recently in Atlanta, USA. Now in its seventh edition, the BAI Global innovation Awards ...

Fitch Affirms Kuwait Finance House at 'A+'; Upgrades VR to 'bb+'

(Press Release - 10/17/2017 1:43:00 PM)

Fitch Ratings has affirmed Kuwait Finance House's (KFH) Long-Term Issuer Default Rating (IDR) at 'A+'; the Outlook is Stable. Fitch has also upgraded the bank's Viability Rating (VR) to 'bb+' from 'bb'. The VR upgrade incorporates KFH's reduced risk ...

Fitch Affirms Gulf Bank at 'A+'; Upgrades VR to 'bb+'

(Press Release - 10/17/2017 1:42:00 PM)

Fitch Ratings has affirmed Gulf Bank's (GB) Long-Term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook. Fitch has also upgraded the bank's Viability Rating (VR) to 'bb+' from 'bb'. The VR upgrade reflects GB's continuing strong strategy ...

Fitch Affirms Kuwait's Burgan Bank at 'A+'; Outlook Stable

(Press Release - 10/17/2017 1:42:00 PM)

Fitch Ratings has affirmed Kuwait-based Burgan Bank's (BB) Long-Term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook. The bank's Viability Rating (VR) has also been affirmed at 'bb'. A full list of rating actions is at the end of this rating ...

Fitch Affirms Kuwait International Bank at 'A+'; Outlook Stable

(Press Release - 10/17/2017 1:40:00 PM)

Fitch Ratings has affirmed Kuwait International Bank's (KIB) Long-Term Issuer Default Rating (IDR) at 'A+'; the Outlook is Stable. Fitch has also affirmed the bank's Viability Rating (VR) at 'bb-'. A full list of rating actions is at the end of this ...

Fitch Affirms Commercial Bank of Kuwait at 'A+'; Outlook Stable

(Press Release - 10/17/2017 1:40:00 PM)

Fitch Ratings has affirmed Commercial Bank of Kuwait's (CBK) Long-Term Issuer Default Rating (IDR) at 'A+'; the Outlook is Stable. Fitch has also affirmed the bank's Viability Rating (VR) at 'bb'. A full list of rating actions is at the end of this ...

Fitch Affirms Boubyan Bank at 'A+'; Upgrades VR to 'bbb-'

(Press Release - 10/17/2017 1:39:00 PM)

Fitch Ratings has affirmed Boubyan Bank's (BBY) Long-Term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook. Fitch has also upgraded the bank's Viability Rating (VR) to 'bbb-' from 'bb+'. The VR upgrade reflects BBY's improving franchise, ...

Fitch Affirms Al Ahli Bank of Kuwait at 'A+'; Outlook Stable

(Press Release - 10/17/2017 1:37:00 PM)

Fitch Ratings has affirmed Al Ahli Bank of Kuwait's (ABK) Long-Term Issuer Default Rating (IDR) at 'A+'; the Outlook is Stable. Fitch has also affirmed the bank's Viability Rating (VR) at 'bb+'. A full list of rating actions is at the end of this rating ...

Fitch Affirms National Bank of Kuwait at 'AA-'; Downgrades VR to 'a-'

(Press Release - 10/17/2017 1:35:00 PM)

Fitch Ratings has affirmed National Bank of Kuwait's (NBK) Long-Term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook. Fitch has also downgraded NBK's Viability Rating (VR) to 'a-' from 'a' in a reassessment of the bank's financial metrics, in ...

Kuwait Finance House Q3 profit rises 7.5 pct

(Reuters - 10/17/2017 1:33:00 PM)

Kuwait Finance House (KFH), the country’s biggest Islamic lender, reported a 7.5 percent rise in third-quarter net profit according to a statement on Monday. Net profit rose to 56.2 million dinars ($186.2 million) in the three months to Sept. 30, Reuters ...