National Bank of Egypt – Ratings Affirmed

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 the National Bank of Egypt (NBE or the Bank) at 'B'. At the same time, CI Ratings has affirmed NBE's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Stable.

Attachments

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