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S&P Lowers Ratings of Three Egyptian Banks to 'B-/C'; Outlook Negative

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Standard & Poor's Ratings Services has lowered its long- and short-term counterparty credit ratings on the National Bank of Egypt (NBE), Banque Misr (BM), and Commercial International Bank (Egypt) S.A.E. (CIB) to 'B-/C' from 'B/B'. The outlooks are negative. The unsolicited public information ... (Publication: CPI Financial)

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