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Boost for Bahraini banks as Fitch affirms ratings

MANAMA, November 24, 2015

Fitch Ratings has affirmed National Bank of Bahrain’s (NBB), Bank of Bahrain and Kuwait’s (BBK) and Arab Banking Corporation’s (ABC) long-term issuer default ratings (IDRs) at ‘BBB-’. Fitch has also affirmed Ahli United Bank (AUB) IDR at ‘BBB+’ and Gulf International Bank’s (GIB) at ‘A’, said a report in the Gulf Daily News (GDN), our sister publication.
 
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Tags: Bahrain | banks | Rating | Fitch | boost |

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