VOL. XLII
No. 19
10-May-1999
EGYPT
Fitch IBCA Assigns BBB- Long Term Rating To NBEI
Fitch IBCA announced on 30 April that it had assigned along-term rating of BBB- to UK-based National Bank of Egypt International(NBEI) and kept the short-term rating of F3 unchanged. NBEI is a wholly-ownedsubsidiary of National Bank of Egypt (NBE), which is also rated BBB-/F3 byFitch IBCA. "NBEI痴 ratings reflect the strength of support from itsparent, its strong capital and conservative risk profile, modest...
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