VOL. XLVI
No 46
17-November-2003
REGIONAL BANKING
Risk Profiles Of North African Banks Likely To Deteriorate Before They Improve, Says S&P
Banking sectors inMorocco, Tunisia and Egypt enjoy good long-term growth prospects, but in the absence of much-needed sectoral restructuring and rationalization, as well as better corporate governance, their risk profiles are likely to get worse before they get better. This is the finding of a 16 September research paper by ratings agency Standard &...
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