VOL. XL
No. 50
15-December-1997
EGYPT
IBCA Rates CIB
IBCA, the European credit rating agency, announced on 26 November that it has assignedlong and short-term investment grade ratings of BBB- and A3 respectively to EgyptianCommercial International Bank (CIB). The Legal rating has been changed from 2T to 2 (with-the "T" suffix representing the transfer risk for foreign currency creditors),whilst the bank's individual rating remains at B/C. IBCA said that CIB, Egypt's fifthlargest bank in terms...
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!