S&P gives Boubyan Bank A rating

S&P said it assigned an A rating to Boubyan Bank KSCP.

“Our rating factors in our view of the bank’s sound market position, stable revenue and earnings generation profile, and strong capitalization. It also incorporates our view that there is a high likelihood that it would receive extraordinary government support, if needed,” said S&P in a press release.

The outlook is stable.

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