Fitch rates Al Ahli Bank of Kuwait’s medium-term notes programme ‘A’/’F1’

Fitch Ratings has assigned Al Ahli Bank of Kuwait K.S.C.P.’s (ABK; A/Stable/bb) USD2 billion euro medium-term notes programme a senior unsecured long-term rating of ‘A’ and short-term rating of ‘F1’. The ratings are in line with ABK’s Long- and Short-Term Issuer Default Ratings (IDRs) of ‘A’ and ‘F1’, respectively.