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Islamic Finance Briefing - Categorized | Banking, Performance more

Moody’s: Kuwaiti banks stay on watch negative

Posted on 20 March 2009

From Reuters: Moody’s Investors Service’s decision today to place Kuwait’s sovereign ratings on review for possible downgrade does not have an immediate impact on the ratings of the country’s banks, which are already on review for downgrade.

Moody’s today placed Kuwait’s Aa2 local and foreign currency government bond ratings and Aa2 country ceiling for foreign currency bank deposits on review for possible downgrade. …..Full Article: Source

 
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