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Published on 6/7/2012 in the Prospect News Emerging Markets Daily.

Fitch affirms National Bank of Kuwait

Fitch Ratings has affirmed the National Bank of Kuwait's long-term issuer default rating at AA- with a stable outlook and viability rating at a.

National Bank of Kuwait's ratings reflect the extremely high probability of support from the Kuwaiti authorities, if required.

At the same time, Fitch said it affirmed the long-term issuer default rating of National Bank of Kuwait's wholly owned subsidiary National Bank of Kuwait (International) plc at AA-.


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