Bank of Alexandria - Ratings Affirmed; Outlook Remains Negative

Overview

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 Bank of Alexandria (Alexbank) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed Alexbank's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Negative.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Egypt, Bank of Alexandria)
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