Bank of Bahrain and Kuwait ratings upheld by Moody's

DUBAI — Credit rating agency Moody's has updated its credit analysis report on The Bank of Bahrain and Kuwait (BBK) maintaining the bank's credit ratings of local currency deposits at A2, Long-term foreign currency deposits at A2/P-1 and bank Financial Strength Rating (BFSR) at C-, with a stable outlook.

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Published: Thu 27 Dec 2007, 8:39 AM

Last updated: Sat 4 Apr 2015, 9:43 PM

Moody's says that in maintaining the bank's ratings, it has taken into account the bank's robust profitability, capitalisation metrics and a relatively strong franchise value based on its defensible market positions in commercial banking in Bahrain, along with its sound corporate governance practices and adequate risk management processes.


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