Moody's affirms B3 local-currency deposit ratings of Egyptian banks, stable outlook maintained
Rating Action: Moody's affirms B3 local-currency deposit ratings of Egyptian banks, stable outlook maintained. Global Credit Research- 12 Dec 2017. Limassol, December 12, 2017-- Moody's Investors Service, has today's affirmed the B3 local-currency long-term deposit ratings of the three government-owned banks, National Bank of Egypt SAE, Banque Misr SAE and Banque du Caire SAE while upgrading their respective standalone baseline credit assessments to b3 from caa1.
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