Comment & Analysis
Retail Banking
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Fitch places two Egyptian banks on rating watch negative
Fitch has placed Egypt’s Commercial International Bank long-term issuer default rating, viability rating, national ratings and National Bank of Egypt's viability rating on rating watch negative. Fitch has also revised its support rating floor (SRF) for CIB down to 'B' from 'B+'. The ratings agency believes that the RWN on…
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