Fitch Downgrades National Bank of Egypt to 'B-'; Outlook Stable
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Fitch Ratings has downgraded National Bank of Egypt's (S.A.E.) (NBE) Long-Term Issuer Default Rating (IDR) to 'B-' from 'B'. The Outlook is Stable. Fitch has also downgraded the bank's Viability Rating (VR) to 'b-' from 'b' and Government Support Rating (GSR) to 'no support' from 'b-'.