China may witness its first local government bond defaults, although the timing was uncertain, Fitch Ratings said …
Fitch Ratings
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Financial Institutions
Fitch says Qatar may slash capital spending because of sanctions
by Yomna Yasserby Yomna YasserQatar’s government may cut its capital spending on economic projects and infrastructure if damage to its economy …
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Financial Institutions
Fitch says currency risk still threatens Egyptian banks’ solvency
by Yomna Yasserby Yomna YasserSome Egyptian banks are still at risk of struggling to meet minimum regulatory capital requirements as a …
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Financial Institutions
Fitch says Egypt rebalancing continues, sees 4.5% growth in FY18
by Yomna Yasserby Yomna YasserRising foreign exchange reserves, a return of private capital inflows and currency appreciation point to further progress …
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Fitch Ratings has assigned on Wednesday Egypt’s new senior unsecured bonds issued under the sovereign’s Global Medium-Term …
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Financial Institutions
IMF deal eases Egypt’s market pressure along with other frontier markets: Fitch
by Noha Gadby Noha GadIMF support has played an important role in reducing external liquidity risks, medium-term default risks in Egypt, …
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Financial Institutions
Fitch affirms Egypt rating at ‘B’ with ‘stable’ outlook
by Yomna Yasserby Yomna YasserFitch Ratings has affirmed on December 15th Egypt’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at …
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Banks
Fitch affirms NBE, CIB, Credit Agricole Egypt, ‘stable outlook’
by Yomna Yasserby Yomna YasserFitch Ratings has affirmed on Tuesday the Long-Term Issuer Default Ratings (IDRs) of National Bank of Egypt …
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Financial Institutions
Fitch: China’s toxic debt pile may be 10 times official estimates
by Yomna Yasserby Yomna YasserToxic loans in the Chinese financial system could be 10 times as high as official estimates suggest, …
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Financial Institutions
Fitch affirms Egypt rating at ‘B’ with stable outlook
by Yomna Yasserby Yomna YasserFitch Ratings has affirmed on Monday Egypt’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B’ …