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CI Seminars

CI Seminars

News & Credit Rating Announcements

23 March 2023 | Country: Egypt | Bank: Bank of Alexandria

Bank of Alexandria - Outlook Lowered to Negative Following Similar Sovereign Action

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has lowered the Outlook on the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of Bank of Alexandria (Alexbank) to Negative from Stable. The change in the outlook follows a recent similar rating action on Egypt's sovereign outlook.

Attachments

  • Rating Announcement (CRA)
    PDF Download Available


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