News & Credit Rating Announcements
23 March 2023 | Country: Egypt | Bank: Bank of Alexandria
Sign up here as a Member to view the CRA or to purchase the related report.
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
Sign up here as a Member to view the CRA or to purchase the related report.