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Fitch Ratings has affirmed National Bank of Egypt’s long-term issuer default ratings at ‘B’, viability rating at ‘b’, support rating at ‘4’, support rating floor at ‘B’ and national long-term rating at ‘AA(egy)’.
Fitch has also affirmed National Bank of Egypt (UK)’s long-term IDR at ‘B’ with stable outlook and its support rating at ‘4’. NBEUK is a wholly-owned subsidiary of NBE.
Source: BFN News
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