VOL. XLVI
No 14
07-April-2003
EGYPT
Egyptian Banking System To Remain Under Pressure, Says S&P
The Egyptian banking sector is expected to remain under significant pressure in the medium term, and is not well equipped to face any unexpected shocks Standard & Poor's (S&P) said in a report entitled Bank Industry Risk Analysis: Egypt published on 27 March. The assessment of the banking system reflects the weak financial profile of the banks, particularly in the public sector, and the...
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