Source - SMW
Fitch Ratings has affirmed National Bank of Kuwait's long-term issuer default rating at 'AA-'. 

Fitch has also affirmed the long-term IDRs of Kuwait Finance House, Gulf Bank, Burgan Bank, Commercial Bank of Kuwait, Al Ahli Bank of Kuwait, Ahli United Bank (Kuwait), Kuwait International Bank, Industrial Bank of Kuwait, Boubyan Bank and Warba Bank at 'A+'. The outlooks are stable.

Fitch has upgraded the viability ratings of CBK and KIB to 'bb' (from 'bb-') and 'bb-' (from b+), respectively, due to their improving financial profiles following the successful execution of strategic objectives and business reorganisation.