News & Credit Rating Announcements
29 August 2024 | Country: Egypt | Bank: Bank of Alexandria
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Bank of Alexandria - Ratings Outlook Revised to Stable from Negative
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on Bank of Alexandria's (Alexbank) Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) to Stable from Negative. This follows CI Ratings' recent revision of the outlook for Egypt's sovereign rating to Stable from Negative.
Attachments
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Rating Announcement (CRA)
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