Tuesday 08, July 2008 by
Fitch affirms Egypt's CIB at BB+; outlook positive
Fitch Ratings said it has affirmed Egypt-based Commercial International Bank's (CIB) long-term Issuer Default rating (IDR) at BB+ with positive outlook, short-term IDR at B, national long-term rating at AA(egy) with stable outlook and national short-term rating at F1+(egy). The bank's other ratings are affirmed at individual C and support 3. The support rating floor is affirmed at BB.
