Fitch affirms National Bank of Egypt’s B+ rating with a stable outlook
Global credit rating agency Fitch Ratings affirms the National Bank of Egypt's (NBE) long-term (LT) issuer default…
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Fitch Ratings
Fitch: Egyptian banks’ credit risks ease on improving economy, better operating…
Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased on…
Fitch forecasts Egypt’s real GDP growth of 5.5% in FY2022/23
Fitch Ratings is forecasting that Egypt’s real GDP growth will recover to 5.5 percent in the financial year (FY)…
Fitch: Egypt’s GDP growth to reach pre-pandemic level of 6% in 2022
Fitch Ratings on Sunday forecasted Egypt’s GDP to reach pre-pandemic growth levels of 6 percent, the highest…
Fitch: Egypt’s FY2022 budgetary targets as ‘broadly credible’
Fitch Ratings describe Egypt’s budgetary targets for the the financial year ending June 2022 (FY22) as “broadly…
Fitch keeps Egypt’s rating at B+ with stable outlook, GDP growth to reach 3%
Egypt’s long-term foreign currency issuer default rating (IDR) remains at B+ with a stable outlook, according to…
Global sukuk supply expected to accelerate in 2021, Fitch Ratings
Global sukuk supply is expected to accelerate in 2021 following a resilient 2020 as issuers seek to address the…
Fitch assigns ‘AA(egy)’ IFS rating to Egypt’s Misr Insurance; outlook stable
Fitch Ratings has assigned a National Insurer Financial Strength (IFS) Rating of 'AA(egy)' to Egypt’s state-run…
FX liquidity at Egyptian banks is recovering from covid-19 effect, Fitch Ratings
The banking sector’s FX liquidity has recovered from pandemic-induced lows, thanks to the return of foreign inflows…
Fitch revises Turkey outlook to negative as reserves drop
Turkey outlook was revised to negative from stable by Fitch Ratings, which said that factors including a decline in…
