Gulf Bank

Dun & Bradstreet downgrade's Kuwait's monthly country risk rating from DB2a to DB2b

Dun & Bradstreet has, against a backdrop of various negative factors linked to the economy, downgraded Kuwait's D&B Country Risk Indicator from DB2a in October 2008 to DB2b the month of November 2008, while at the same time...

Gulf Bank ratings actions

Kuwait: Capital Intelligence (CI), the international credit rating agency, today announced that it has downgraded Gulf Bank's Financial Strength rating to A- from A+. The Outlook for the Financial Strength rating remains...

Kuwait's screens of stocks blinked green due to portfolio, tackling ban

KUWAIT, Nov 22 (KUNA) -- Local stock traders breathed a sigh of relief when the digital screens at the national bourse switched from blinking red digits to green ones at the latest sessions of last week's operations. Bayan...

GCC Stocks Lose $538bn Of Market Capitalization

According to the report of Kuwait-based Global Investment House, the GCC stock markets have lost 47.5 percent of their value since the start of the year wiping off $538 billion from the market capitalization.

Moody's Maintains Gulf Bank Rating Review

Moody's Investors Service said that it is maintaining the review for possible downgrade on Gulf Bank's C- bank financial strength rating (BFSR) and A1 long-term local and foreign currency deposit ratings.