Three Egyptian banks face same ratings action as sovereign

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Sunday 26, August 2012 by Isla MacFarlane

Three Egyptian banks face same ratings action as sovereign

Standard & Poor's Ratings Services has affirmed its 'B/B' long- and short-term counterparty credit ratings on National Bank of Egypt (NBE), Banque Misr (BM), and Commercial International Bank (Egypt) (CIB).

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