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Fitch Ratings

Fitch Ratings affirms Egypt’s IDR at B+ with stable outlook

Fitch Ratings has affirmed Egypt's long-term foreign-currency issuer default rating (IDR) at B+ with a stable outlook, the credit rating agency announced on Thursday.
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Egyptian banks’ VRs under pressure if foreign assets drop: Fitch Ratings

Egyptian banks’ Viability Ratings (VRs) could come under pressure if the banks’ foreign assets continue to drop, Fitch Ratings said in recent report
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Egyptian banks’ credit risks ease on improving economy, Fitch

Fitch Ratings said on Tuesday that pressures on Egyptian banks’ credit profiles and viability ratings have eased on improvements in the country’s operating environment since end of the third quarter…
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Fitch forecasts Egypt’s real GDP growth of 5.5% in FY2022/23

Fitch Ratings is forecasting that Egypt’s real GDP growth will recover to 5.5 percent in the financial year (FY) 2022/2023 that ending June 2022, the rating agency said in a recent report.
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Egypt’s GDP growth to reach pre-pandemic level of 6% in 2022, Fitch says

Fitch Ratings expected Egypt’s GDP to reach pre-pandemic growth levels of 6 percent, the highest projection among all the global financial and credit institutions so far.Fitch Ratings expected Egypt’s…
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Fitch keeps Egypt’s rating at B+ with stable outlook, GDP growth to reach 3%

Egypt’s long-term foreign currency issuer default rating (IDR) remains at B+ with a stable outlook, according to recent report from Fitch Ratings.
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Fitch assigns ‘AA(egy)’ IFS rating to Egypt’s Misr Insurance; outlook stable

Fitch Ratings has assigned a National Insurer Financial Strength (IFS) Rating of 'AA(egy)' to Egypt’s state-run Misr Insurance Company, with a stable outlook.
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