Sunday 10, June 2012 by Robin Amlôt
Fitch affirms NBK AA- rating with a Stable Outlook
NBK maintained sound profitability ratios in Q1 2012, has a strong and stable deposit base and benefited from a ‘flight to safety’. Fitch Ratings said NBK’s ratings reflect the bank’s dominant domestic franchise and international network, consistent profitability, strong capital base, sound asset quality, conservative risk profile and sound liquidity.
