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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Kuwait Islamic bank on review for downgrade: Moody’s

Posted on 08 November 2012

Moody’s Investors Service Wednesday placed all ratings of top Islamic lender Kuwait Finance House on review for downgrade over its high loan levels, asset quality and underperforming investments.
“The bank’s asset quality continues to face pressure, with problem loan levels remaining … well above those of both local and global peers,” Moody’s said………………………………………..Full Article: Source

 
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