VOL. XLIII
No. 51
18-December-2000
EGYPT
Moodys Says Egyptian Banks Face Downward Pressure On Ratings Due To Liquidity Problems
Egyptian banks face downward pressure on their credit ratings due to the countrys unresolved liquidity problems, and solvency risk for some banks has increased as a result of a system-wide deterioration in credit quality, Moodys announced on 11 December. Quoting its annual report on the sector, the agency said that risks were especially high as banks went into the...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!