19.01.2016 10:28:00

Burgan Bank K.P.S.C. -- Moody's affirms A3 deposit rating of Kuwait's Burgan Bank following sale of Jordanian subsidiary

Limassol, January 19, 2016 -- Moody's Investors Service, ("Moody's") has today affirmed the A3/Prime-2 deposit ratings and A2(cr)/Prime-1(cr) Counterparty Risk (CR) Assessment of Burgan Bank K.P.S.C. (Burgan), which are underpinned by a ba2 baseline credit assessment (BCA). The bank's long term deposit ratings carry a stable outlook.

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