Agency expects state budget to post surplus of KD 900 mln, 2.4% of GDP KUWAIT CITY, May 2, (KUNA): Fitch Ratings has affirmed Kuwait’s sovereign credit for 2018 at “AA” with a stable outlook, the agency said Wednesday. Kuwait’s key credit strengths are its exceptionally strong fiscal and external metrics, …Read More »
Tag Archives: Fitch
KUWAIT CITY, June 15: Fitch Ratings reaffirmed Kuwait International Bank’s Long Term Issuer Default Rating “A+”, Short Term Issuer Default Rating “F1” and Viability Rating (VR) at “b+” with a stable outlook. KIB’s Issuer Default Ratings (IDR) reflect an extremely high probability of support from the Kuwaiti authorities, if needed. …Read More »
TOKYO, June 13, (AFP): Fitch on Monday cut its outlook for Japan, citing Tokyo’s decision to postpone a sales tax hike seen as critical to paying down one of the world’s biggest national debts. The company said it was changing its view to negative from stable but left Japan’s “A” …Read More »
Fitch reaffirms GIC’s ‘A-’ ratings and stable outlook – Move comes despite difficult circumstances region is going through.
KUWAIT CITY, June 12: The Gulf Investment Corporation (GIC) announced today that Fitch Credit Rating Agency affirmed its Long Term IDR ratings at A-, Short Term ratings at F1, and Stable outlook The viability ratings were reaffirmed at bb. The action by Fitch is positive, especially in the current regional …Read More »
RIYADH, April 12, (AFP): Fitch Ratings on Tuesday lowered Saudi Arabia’s long-term credit rating, saying the plunge in oil prices had “major negative implications” for the world’s biggest crude exporter. The agency also noted increased tensions with long-time rival Iran and greater uncertainty over economic policy, now overseen by Deputy …Read More »