Standard & Poor’s Ratings Services on Friday maintained the credit ratings of the Arab republic of Egypt …
Standard & Poor’s
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Financial Institutions
UK LIoyds’s Joins Egypt Regulator’s List of Accredited Reinsurers
by Yomna Yasserby Yomna YasserEgypt has recently included the world’s specialist insurance and reinsurance market LIoyd’s to its list of accredited …
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Banks
Egypt’s Dollar Debt Costs Plunge As Gulf Money Trumps Low Demand
by Yomna Yasserby Yomna YasserEgypt paid the lowest yield on record to raise $1.8 billion in an auction of dollar-denominated treasury …
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Banks
S&P Raises Long Term Ratings on Egyptian Banks After Similar Action on Sovereign
by Yomna Yasserby Yomna YasserStandard & Poor’s Ratings Services has raised on Monday its long-term counterparty credit ratings on National Bank …
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Standard & Poor’s Ratings has raised its sovereign credit ratings for Egypt to ‘B-/B’ from ‘CCC+/C’, saying …
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Financial Institutions
Fitch Warns It May Cut U.S. Credit Rating from AAA
by Yomna Yasserby Yomna YasserFitch Ratings warned on Tuesday it could cut the sovereign credit rating of the United States from …
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Bahraini lender Al Baraka has been downgraded to junk status by Standard & Poor’s, the only credit …
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Italian banks are more reluctant to lend as a recession saddles them with mounting bad debt, highlighting …
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Blogging
Ex FinMin: Egypt Needs One-Year Moratorium on Street Protests – Ex FinMin
by Yomna Yasserby Yomna YasserA year ago, it became clear to me that the Arab Spring would not succeed in Egypt …
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Investors are ignoring criticism from Standard & Poor’s that Svenska Handelsbanken AB (SHBA) is too reliant on …