Home | Business News | Browse by Publication | B | Business Wire

Fitch Downgrades Egypt''s Al Watany Bank; Rating Watch Negative.

Publication: Business Wire
Publication Date: 03-APR-03
Format: Online - approximately 307 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors

LONDON--(BUSINESS WIRE)--April 3, 2003

Fitch Ratings and its Cairo based subsidiary Nile Ratings, has today downgraded Al Watany Bank of Egypt's (AWB) National long- and short-term ratings to 'BBB-(egy)' ('BBB minus') and 'F3(egy)' from 'BBB+(egy)' and 'F2(egy)'. At the same time the National ratings have been placed...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
DataMEG Corp. Subsidiary CAS Communications, Inc. Involved in ``Certai..., April 03, 2003
Prentiss Properties Trust Announces First Quarter 2003 Earnings Confer..., April 03, 2003
Cook Incorporated Signs Expanded Contract With Novation for Diagnostic..., April 03, 2003
Kopin Corporation to Broadcast First-Quarter 2003 Conference Call Live..., April 03, 2003
Metro One Signs New Contract with Integra Telecom., April 03, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.