Latest in Tag: credit positive Highlight
Latest in Tag: credit positive
Moody’s sees Egypt’s rate cut, easing inflation as credit positive for banks
Credit rating agency expects Egypt’s GDP to grow 5.6% in 2019, additional rate cuts next year
Moody’s ranks Egypt’s 1st movable collateral registry as credit positive for banks
Moody’s Investors Service announced on Sunday that Egypt’s first movable collateral registry, which was launched by the Financial Regulatory Authority last Sunday, is credit positive for Egyptian banks. The newly launched collateral registry will inform banks’ credit decisions and improve their ability to secure movable collateral, such as a borrowers’ machinery, inventory, patents, and crops, …