News & Credit Rating Announcements
10 March 2023 | Country: Egypt
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Egypt - Outlook Revised to Negative, Ratings Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on Egypt's Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) to Negative from Stable. At the same time, CI Ratings has affirmed the sovereign's LT FCR and LT LCR at 'B+', and Short-Term (ST) FCR and ST LCR at 'B'.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Sovereign Rating Report (Egypt)
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