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Standard and Poors affirms Kuwait Finance Houses short and long term credit ratings stresses KFHs systematic importance in market |
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Sunday, 18 December 2011 03:17 |
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Kuwait: Global rating agency Standard and Poor's has affirmed Kuwait Finance House (KFH) rating at A-/A-2 for short and long term respectively, while outlook remained unchanged. The agency stated that KFH is a systematically important bank in Kuwait, and that the Kuwaiti government that has significant shareholding ownership in KFH strongly supports the banking sector. [AMEInfo.com]
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