Kamco Investment Company K.S.C.P. – Ratings Affirmed

14 May 2026

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Kamco Investment Company K.S.C.P. (Kamco) at ‘BBB’ and ‘A3’, respectively. The Outlook on the ratings remains Stable.

The two most important credit strengths that support the rating continue to be Kamco’s market leadership position, in terms of assets under management (AUM) within the Kuwait asset management sector and its funding and liquidity base. The latter is based on a series of long-standing bank lines and on readily saleable fair value through profit and loss investments. Kamco continues to enjoy considerable flexibility in its funding plans, given existing substantial cash balances, plus committed but undrawn bank lines. Also supporting the ratings are a capable and experienced management team and the low level of debt.

In previous periods, earnings volatility…