Fitch ratings has assigned Burgan Bank a Long-term Issuer Default Rating (IDR) of 'A+' with a Stable outlook and a Short-term IDR of 'F1'. Burgan's rating reflects an extremely high probability of support from the Kuwaiti authorities, to the bank and all Kuwaiti banks, if needed. This opinion is reinforced by the authorities' track record of support for the domestic banking system in case of need. Fitch believes that there is an extremely high probability that all rated Kuwaiti banks that require support would receive it, irrespective of franchise, ownership and support history, and therefore has equalised Burgan 's SRF and IDR at 'A+', in line with most other Fitch-rated Kuwaiti banks. The Stable outlook on Burgan's Long-term IDR reflects the outlook on the Kuwaiti sovereign rating. (Fitch)