Egypt’s GDP growth to reach pre-pandemic level of 6% in 2022: Fitch Ratings

  • Date: 13-Jun-2021
  • Source: Ahram
  • Sector:Economy
  • Country:Egypt
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Egypt’s GDP growth to reach pre-pandemic level of 6% in 2022: Fitch Ratings




Egyptian banks have higher profitability ratios than other peers in region, which gives them a room to keep adequate profitability margins and internal capital generation if interest rates are cut, according to Fitch