Kuwait Finance House http://www.alacrastore.com/company-snapshot/Kuwait_Finance_House-1038080 Tuesday, October 07, 2008 9:08:04 PM 1038080 Kuwait Finance House en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/fitch/432996_pr_framefitch/432996_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Al Ahli Bank of Kuwait KSCBank of Kuwait and the Middle East KSCCommercial Bank of Kuwait SAKGulf BankIndustrial Bank of Kuwait KSCKuwait Finance HouseKuwait International BankNational Bank of Kuwait SAK80360060803601638036024980360502803621338036213580417581834736689/8/2008 10:12:00 AM0101010085Press ReleaseABKBKMECBKGBKKFINKIBNBK432996_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/bir/929662bir/929662normKuwait Finance House KSCKuwaitFinance: A banking and investment institution conducting business on an interest free basis according to Islamic economic principles including direct investment, financial and leasing, vehicle and goods leasing, real estate and trade operations628261595239205222989FMKFIN7/11/2008 6:29:00 AM929662Company Profiles & FinancialsGale Company ProfilesUK - Kuwait Finance House acquired an undisclosed minority stake in Motherwell Bridge Ltd, a Motherwell-based provider of engineering anddesign services. Terms were not disclosed.6/25/2008 3:03:57 PM50154R61994K50154R61994KKuwait Finance HouseMotherwell Bridge LtdKuwait Finance HouseMotherwell Bridge Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Kuwait_Finance_House_acquires_a_minority_stake_in_Motherwell_Bridge_Ltd-1989700040sdc/19897000401989700040Copyright © 2008, Thomson Financial, All Rights ReservedKuwaitCommercial Banks, Bank Holding CompaniesKuwaitBanks6000FFForeignPublicKFIN6000:Banks6000:BanksBusiness ServicesUnited KingdomEngineering services8711FFForeignPrivate328728001Islamic bankPvd engineering svcsUnspecifiedStock35525001Jun 25 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.00000Kuwait Finance House, locatedin Safat, Kuwait, is acommercial bank which providesa wide range of IslamicShari'a compliant products andservices such as corporate,investment, commercial andretail banking. In 2006, thecompany owned forty two localbranches. The company wasfounded in 1977.Kuwait Finance House, located in Safat, Kuwait, is acommercial bank which provides a wide range of IslamicShari'a compliant products and services such as corporate,investment, commercial and retail banking. In 2006, thecompany owned forty two local branches. The company wasfounded in 1977.Kuwait Finance House, located in Safat, Kuwait, is a commercial bank which provides a wide range of Islamic Shari'a compliant products and services such as corporate, investment, commercial and retail banking. In 2006, the company owned forty two local branches. The company was founded in 1977.1.000002.000003.000004.000005.00000Motherwell Bridge Ltd, locatedin Motherwell, UK, providesengineering and designservices. The company wasfounded in 1898.Motherwell Bridge Ltd, located in Motherwell, UK, providesengineering and design services. The company was founded in1898.Motherwell Bridge Ltd, located in Motherwell, UK, provides engineering and design services. The company was founded in 1898.0.000000.000000.000000.00000Y22 Jun 08Sun, 22 Jun 2008 00:00:00 ESTDate Announced: 06/22/200822 Jun 08Date Effective: 06/22/200822 Jun 08Acq. Part. Int.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000UK - Kuwait Finance Houseacquired an undisclosedminority stake in MotherwellBridge Ltd, a Motherwell-basedprovider of engineeringanddesign services. Terms werenot disclosed.UK - Kuwait Finance House acquired an undisclosed minority stake in Motherwell Bridge Ltd, a Motherwell-based provider of engineering anddesign services. Terms were not disclosed.UK - Kuwait Finance House acquired an undisclosed minority stake in Motherwell Bridge Ltd,a Motherwell-based provider of engineering anddesign services. Terms were not disclosed.UK - Kuwait Finance House acquired an undisclosed minority stake in Motherwell Bridge Ltd, a Motherwell-based provider of engineering anddesign services. Terms were not disclosed.UK - Kuwait Finance House acquired an undisclosed minority stake in Motherwell Bridge Ltd, a Motherwell-based provider of engineeringanddesign services. Terms were not disclosed.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000008711:Engineering services328728001KuwaitKuwait6000ForeignPublicKFIN8711:Engineering services35525001United Kingdom8711ForeignPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & AcquisitionsJORDAN - Kuwait Finance House-Jordan, a wholly-owned unit of Kuwait Finance House's wholly-owned Kuwait Finance House (Bahrain) BSC unit, acquired a ##% stake in Deera Investment & Real Estate Development Co, a real estate development and investment firm, for ## mil Jordanian dinar ($##.### mil US), in a privately negotiated transaction. The transaction was approved by the board of directors.6/24/2008 2:23:20 PM50617X24381W50154R24381WKuwait Finance House-JordanDeera Investment & Real Estate Development CoKuwait Finance HouseDeera Investment & Real Estate Development Cohttp://www.alacrastore.com/storecontent/Thomson_M%26A/Kuwait_Finance_House_Jordan_acquires_a_minority_stake_in_Deera_Invest_RE_Dvlp_Co-1989287040sdc/19892870401989287040Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesJordanSecurity brokers, dealers, and flotation companies6211FFForeignSubsidiary6211:Security brokers, dealers, and flotation companies6282:Investment advice6289:Security and commodity services, nec6799:Investors, nec6000:BanksAmmanReal Estate; Mortgage Bankers and BrokersJordanLand subdividers and developers, except cemeteries6552FFForeignPublicDERA1024302001Islamic bankRE dvlp,invest firmCashCash OnlyStock1024306001Jun 24 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000Kuwait Finance House-Jordanprovides financial servicessuch as investment banking,investment advisory,acquisitions and developmentof investments and investmentsin private equity. The companyis headquartered in Jordan.Kuwait Finance House-Jordan provides financial services suchas investment banking, investment advisory, acquisitions anddevelopment of investments and investments in privateequity. The company is headquartered in Jordan.Kuwait Finance House-Jordan provides financial services such as investment banking, investment advisory, acquisitions and development of investments and investments in private equity. The company is headquartered in Jordan.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000Deera Investment & Real EstateDevelopment Co is a realestate development andinvestment firm. The companyis headquartered in Amman,Jordan. The company is alsoinvolved in the constructionof commercial and residentialbuildings. The company wasfounded in 2005.Deera Investment & Real Estate Development Co is a realestate development and investment firm. The company isheadquartered in Amman, Jordan. The company is also involvedin the construction of commercial and residential buildings.The company was founded in 2005.Deera Investment & Real Estate Development Co is a real estate development and investment firm. The company is headquartered in Amman, Jordan. The company is also involved in the construction of commercial and residential buildings. The company was founded in 2005.0.000000.000000.000000.00000YJordanian Dinar22 Jun 08Sun, 22 Jun 2008 00:00:00 ESTDate Announced: 06/22/200822 Jun 08Date Effective: 06/22/200822 Jun 08Acq. Part. Int.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000024 Jordanian Dinar24.000000.0000024 Jordanian Dinar24.0000028.0000028.000000.000000.0000024.0000024 Jordanian Dinar1.42300N17.287000.000000.000000.000000.000000.0000034.1490034.149000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.00000JORDAN - Kuwait FinanceHouse-Jordan, a wholly-ownedunit of Kuwait Finance House'swholly-owned Kuwait FinanceHouse (Bahrain) BSC unit,acquired a 28% stake in DeeraInvestment & Real EstateDevelopment Co, a real estatedevelopment and investmentfirm, for 24 mil Jordaniandinar ($34.149 mil US), in aprivately negotiatedtransaction. The transactionwas approved by the board ofdirectors.JORDAN - Kuwait Finance House-Jordan, a wholly-owned unit of Kuwait Finance House's wholly-owned Kuwait Finance House (Bahrain) BSC unit, acquired a 28% stake in Deera Investment & Real Estate Development Co, a real estate development and investment firm, for 24 mil Jordanian dinar ($34.149 mil US), in a privately negotiated transaction. The transaction was approved by the board of directors.JORDAN - Kuwait Finance House-Jordan, a wholly-owned unit of Kuwait Finance House'swholly-owned Kuwait Finance House (Bahrain) BSC unit, acquired a 28% stake in DeeraInvestment & Real Estate Development Co, a real estate development and investment firm,for 24 mil Jordanian dinar ($34.149 mil US), in a privately negotiated transaction. Thetransaction was approved by the board of directors.JORDAN - Kuwait Finance House-Jordan, a wholly-owned unit of Kuwait Finance House's wholly-owned Kuwait Finance House (Bahrain) BSC unit, acquired a 28% stake in Deera Investment & Real EstateDevelopment Co, a real estate development and investment firm, for 24 mil Jordanian dinar ($34.149 mil US), in a privately negotiated transaction. The transaction was approved by the board ofdirectors.JORDAN - Kuwait Finance House-Jordan, a wholly-owned unit of Kuwait Finance House's wholly-owned Kuwait Finance House (Bahrain) BSC unit,acquired a 28% stake in Deera Investment & Real Estate Development Co, a real estate development and investment firm, for 24 milJordanian dinar ($34.149 mil US), in a privately negotiated transaction. The transaction was approved by the board of directors.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001522:Residential construction, nec1542:Nonresidential building construction, nec6552:Land subdividers and developers, except cemeteries6798:Real estate investment trusts328728001KuwaitKuwait6000ForeignPublicKFIN1522:Residential construction, nec1542:Nonresidential building construction, nec6552:Land subdividers and developers, except cemeteries6798:Real estate investment trusts1024306001AmmanJordan6552ForeignPrivateDERA34.1490024.0000034.1490017.28700Deal InformationTF Mergers & AcquisitionsKUWAIT - In May ####, Kuwait state-owned Kuwait Airways Corp, announced that it was seeking a buyer for its ##.#%s take, in ALAFCO Aviation Lease & Finance Co KSCC, an aircraft leasing services provider.5/23/2008 11:02:37 AM81572I01071X81572I50154RSeeking BuyerALAFCO Aviation Lease & Finance Co KSCCSeeking BuyerKuwait Finance Househttp://www.alacrastore.com/storecontent/Thomson_M%26A/Kuwait_Finance_House_seeking_buyer_for_minority_stake_in_ALAFCO_Aviation_Lease_Fin_Co-1979988040sdc/19799880401979988040Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesUnknownInvestors, nec6799UNUnknownPrivate6799:Investors, nec6799:Investors, necCredit InstitutionsKuwaitMisc business credit6159FFForeignSubsidiary12029001Seeking buyerBank (foreign)Not ApplicableStock552228003May 23 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.00000Seeking buyerSeeking buyerSeeking buyer1.000002.000003.000004.000005.000006.00000ALAFCO Aviation Lease &Finance Co KSCC located inKuwait, provides leasingservices of aircraft products.The company was founded in1992.ALAFCO Aviation Lease & Finance Co KSCC located in Kuwait,provides leasing services of aircraft products. The companywas founded in 1992.ALAFCO Aviation Lease & Finance Co KSCC located in Kuwait, provides leasing services of aircraft products. The company was founded in 1992.0.000000.000000.000000.00000N21 May 08Wed, 21 May 2008 00:00:00 ESTDate Announced: 05/21/2008Date Effective:Acq. Part. Int.Neutral0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000011.400000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000KUWAIT - In May 2008, Kuwaitstate-owned Kuwait AirwaysCorp, announced that it wasseeking a buyer for its 11.4%stake, in ALAFCO Aviation Lease& Finance Co KSCC, an aircraftleasing services provider.KUWAIT - In May 2008, Kuwait state-owned Kuwait Airways Corp, announced that it was seeking a buyer for its 11.4%s take, in ALAFCO Aviation Lease & Finance Co KSCC, an aircraft leasing services provider.KUWAIT - In May 2008, Kuwait state-owned Kuwait Airways Corp, announced that it wasseeking a buyer for its 11.4%s take, in ALAFCO Aviation Lease & Finance Co KSCC, anaircraft leasing services provider.KUWAIT - In May 2008, Kuwait state-owned Kuwait Airways Corp, announced that it was seeking a buyer for its 11.4%s take, in ALAFCO Aviation Lease & Finance Co KSCC, an aircraft leasing servicesprovider.KUWAIT - In May 2008, Kuwait state-owned Kuwait Airways Corp, announced that it was seeking a buyer for its 11.4%s take, in ALAFCOAviation Lease & Finance Co KSCC, an aircraft leasing services provider.S Buyer0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:S Buyer-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000003728:Aircraft parts,equipment6159:Misc business credit7359:Equipment rental and leasing, nec12029001Unknown6799UnknownPrivate6000:Banks328728001KuwaitKuwait6000ForeignPublicKFIN0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/moodys/PR_153707_820439187moodys/PR_153707_820439187htmlGlobal Credit Research Announcement ## APR #### Announcement: Boubyan Bank Moody's publishes first Banking System Profile on Kuwait Limassol, April ##, #### -- Kuwait's banking system is one of the most robust in the Gulf region, benefiting...4/23/2008 12:40:56 AMhtmlBoubyan BankGulf BankGulf Investment CorporationCommercial Bank of KuwaitNational Bank of KuwaitKuwait Finance HouseBurgan BankAl Ahli Bank of KuwaitAl Ahli Bank of Kuwait; Boubyan Bank; Burgan Bank; Commercial Bank of Kuwait; ...820439187704350600021233600021231600017644600017643600017642466100150.0000NewsAnnouncementPR_153707_820439187Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/382268_report_framefitch/382268_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Kuwait Finance House803621334/11/2008 2:12:00 PM01010100165Credit UpdateKFIN382268_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/382270_report_framefitch/382270_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Kuwait Finance House803621334/11/2008 2:12:00 PM01010100425Full Rating ReportKFIN382270_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/416655_pr_framefitch/416655_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Kuwait Finance House803621334/10/2008 10:16:44 AM0101010085Press ReleaseKFIN416655_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/spcred/628499spcred/628499normThe latest Full Report from S&P1/31/2008 1:03:30 PMFull Report400global628499KuwaitDiversified BanksEmerging MarketsEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsFull ReportStrong customer franchise in Kuwait State ownership and strong expected support in case of need High and stable profitability Broader diversification than domestic competitors Challenging liquidity management Large direct and indirect exposure to the real estate market Increasing domestic competition, mitigated by an active redesign of strategy and structure The ratings on Kuwait Finance House (KFH) reflect its leading commercial position in the State of Kuwait (A+/Stable/A-1+), high profitability, and broader diversification than domestic peers. The long-term rating includes a one-notch uplift from the bank's stand-alone rating to reflect Standard&Poor's Ratings Services' expectation that extraordinary support from the government, KFH's largest single shareholder, would be highly likely in case of need. On the downside, KFH faces some risksKWT40101010 401010 4010 40Kuwait Finance House381316EMERGINGEUROMIDAFRKWFH@KKFULLGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/628502spcred/628502normThe latest Summary from S&P1/31/2008 1:03:30 PMSummary175global628502KuwaitDiversified BanksEmerging MarketsEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsSummaryThe ratings on Kuwait Finance House (KFH) reflect its leading commercial position in the State of Kuwait (A+/Stable/A-1+), high profitability, and broader diversification than domestic peers. The long-term rating includes a one-notch uplift from the bank's stand-alone rating to reflect Standard&Poor's Ratings Services' expectation that extraordinary support from the government, KFH's largest single shareholder, would be highly likely in case of need. On the downside, KFH faces some risks due to its exposure to the real estate sector, increasing domestic competition, and in managing its liquidity. The No. 2 bank in Kuwait and one of the largest Islamic banks in the world, KFH conducts its business according to Sharia (Islamic law). An extensive branch network and high customerKWT40101010 401010 4010 40Kuwait Finance House381316EMERGINGEUROMIDAFRKWFH@KKSUMMARYGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_600017643moodys/COP_600017643htmlGlobal Credit Research Credit Opinion # SEP #### Credit Opinion: Kuwait Finance House Kuwait Finance House Kuwait City, Kuwait Ratings Category Moody's Rating Outlook Stable Bank Deposits Aa#/P-# Bank Financial Strength C- Contacts...1/3/2008 7:54:00 PMhtmlKuwait Finance HouseKuwait Finance House600017643150.0000NewsCredit OpinionCOP_600017643Credit & Investment ResearchMoody's Global Credit Research