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Islamic Finance Briefing - Categorized | Banking, Performance more

Moody’s downgrades three Kuwait banks for weak credit

Posted on 27 August 2009

From Business24-7.ae: Moody’s Investors Service yesterday downgraded three Kuwaiti banks, citing weakening credit conditions, as the Gulf state’s banking sector grapples with the fallout from the financial crisis.

The three lenders are Gulf Bank of Kuwait, National Bank of Kuwait (NBK) and Burgan Bank……………Full Article: Source

 
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