Home»News»BDC’s financial rating at BB+ for the first time

BDC’s financial rating at BB+ for the first time 

28 Sep, 2011 
CI Capital, the global investment banking and Credit Rating Company announced recently that BDC’s Financial Strength Rating (FSR) has rebounded to reach BB+.

The global company’s report highlighted numerous advantages BDC was able to achieve such as foreign currency ( long term and short term), net interest margin, Sound corporate credit policy, outstanding asset quality, NPL ratios, Net profit, Gross income generation, and professional risk management practices among other indicators.

The report will definitely boost the image of Egyptian banking sector among customers, while regaining trust in investment on the domestic level.
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