Export Development Bank of Egypt - Ratings Affirmed on Stable Outlook

Overview

Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Export Development Bank of Egypt's (EBE) Financial Strength Rating (FSR) at 'BB-', on 'Stable' Outlook, reflecting its comfortable liquidity and growing customer deposit base, strengthened loan-loss reserve (LLR) cover, improvement in both operating and net profitability, and the increased capital adequacy ratio (CAR).

Attachments

• Credit Rating Announcement (CRA)
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• Bank Rating Report (Egypt, Export Development Bank of Egypt)
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