Kuwait Mubasher: Kuwait Finance House (KFH) said that Moody's Investors Service affirmed on 16 September the bank’s global and local deposit ratings at ‘A1/P-1’.

Moody’s maintained KFH’s baseline credit assessment (BCA) at ‘ba1’.

The rating agency said that all ratings assigned to KFH continued to carry a ‘Negative’ outlook.

KFH declared that no financial impact is expected to take effect as a result of Moody’s recent rating.