Mubasher: Capital Intelligence Ratings (CI Ratings) has affirmed the long-term and short-term foreign currency ratings of Burgan Bank at 'A' and 'A1', respectively.
The rating agency set the Boursa Kuwait-listed bank’s outlook at stable, according to a statement.
It is worth highlighting that the bank’s profit declined by 4.9% year-on-year to KWD 67.45 million during the nine-month period of 2019.
