News & Credit Rating Announcements
29 August 2024 | Country: Egypt | Bank: Export Development Bank of Egypt
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Export Development Bank of Egypt - Ratings Outlook Revised to Stable Following Similar Sovereign Rating Action
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on Export Development Bank of Egypt's (EBank) Long-term Foreign Currency Rating (LT FCR) and Bank Stand-alone Raring (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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