Manama: Khaleeji Commercial Bank (KHCB), one of Bahrain’s leading Islamic banks, has announced that Moody’s, an international bond credit rating agency, has confirmed its rating of the bank’s long-term counterparty risk assessment at ‘Ba2 (cr)’.
The report indicated that this rating was driven by the bank’s improved profitability standards and stable balance sheet, supported by adequate capital and healthy liquidity levels, which contributed to strengthening the bank’s financial performance, in turn strengthening the bank’s long-term credit risk .
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