Mubasher: Moody's Investors Service has affirmed its rating of Khaleeji Commercial Bank's (KHCB) long-term counterparty risk assessment at “Ba2 (cr)”.
The rating reflects the bank’s improved profitability standards and stable balance sheet, backed by adequate capital and healthy liquidity levels, which helped in boosting the KHCB’s financial performance and strengthen its long-term credit risk, according to a bourse filing.
