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Moody’s places “A1” on KFH’s rating

Moody’s places “A1” on KFH’s rating
The rating was based on the standalone credit baseline assessment at “ba1"
KFH
KFH
-0.37% 800.00 -3.00

Mubasher: Moody’s Investors Service has classified Kuwait Finance House’s (KFH) long-term deposits at “A1”, with a “Stable” Outlook.

KFH noted that this rating was based on the standalone credit baseline assessment at “ba1”, with forecasts for the Kuwaiti government to supply the bank’s support at “Aa2”, according to a bourse statement on Monday.