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26.11.2015 18:53:00
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Gulf Bank K.S.C.P -- Moody's upgrades Kuwait's Gulf Bank deposit rating to A3; outlook stable
Limassol, November 26, 2015 -- Moody's Investors Service, ("Moody's") has today upgraded Kuwait's Gulf Bank K.S.C.P long-term deposit ratings to A3 from Baa1 and the standalone baseline credit assessment (BCA) to ba1 from ba2. The bank's short-term deposit ratings were affirmed at Prime-2. Moody's has revised the outlook on long-term ratings to stable from positive.
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