Mubasher: Moody’s Investors Service confirmed the credit ratings of Kuwait Finance House’s (KFH), and its “stable” long-term outlook, according to a bourse filing.

The ratings agency left the domestic and foreign currency long-term and short-term deposit ratings of KFH at “A1/Prime-1” unchanged, the lender said in a statement to Boursa Kuwait.

Furthermore, Moody’s affirmed KFH’s baseline credit rating and the baseline credit assessment at “baa3,” while counterparty risk assessment (CRA) was at “A1(cr)/P-1(cr).”

This is not expected to affect KFH’s financial position, the Kuwaiti-listed lender said.