| United Gulf Banks ratings affirmed |
| Monday, 08 August 2011 03:30 | |||
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Kuwait: Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Bahrain-based United Gulf Bank's (UGB)'s Long and Short-term Foreign Currency ratings at 'BBB' and 'A3' respectively. The Financial Strength Rating (FSR) is maintained at 'BBB' reflecting the Bank's improved capital adequacy, sound liquidity and new sources of term funding. [AMEInfo.com]
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