{"id":632800,"date":"2018-02-20T04:16:15","date_gmt":"2018-02-20T04:16:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/"},"modified":"2018-02-20T04:16:15","modified_gmt":"2018-02-20T04:16:15","slug":"capital-markets-act-amendments-credit-positive-for-banks-moodys","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/","title":{"rendered":"Capital Markets Act amendments credit positive for banks -Moody\u2019s"},"content":{"rendered":"

<\/a> Amendments to the Capital Markets Act that pave the way for the launch of new financial products are credit positive for Egyptian banks<\/strong>, according to Moody\u2019s Credit Outlook<\/a>. The amendments \u201cwill deepen the financial markets in Egypt by facilitating sukuk issuance and investors\u2019 ability to hedge, making the country a more appealing investment destination to foreign investors. The amendment is credit positive for banks because the increased capital markets activity will raise banks\u2019 income from their debt capital markets business while also providing funding options.\u201d Moody\u2019s are also of the view that banks will likely lose loan business as the largest corporates will \u201cbegin to finance their operations through the yet-to-be-developed debt markets,\u201d but that increased lending to SMEs will support loan growth.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amendments to the Capital Markets Act that pave the way for the launch of new financial products are credit positive for Egyptian banks, according to Moody\u2019s Credit Outlook. The amendments \u201cwill deepen the financial markets in Egypt by facilitating sukuk issuance and investors\u2019 ability to hedge, making the country a more appealing investment destination to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632800","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9292a9e4-f552-442c-b078-eed1e20ef9df","order":"0","is_powered_by":true,"section_story_id":"a1afdfbc-8365-4899-a0e5-37d82b1ec60f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632788],"teaser":"","voice_url":""},"yoast_head":"\nCapital Markets Act amendments credit positive for banks -Moody\u2019s - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Capital Markets Act amendments credit positive for banks -Moody\u2019s\" \/>\n<meta property=\"og:description\" content=\"Amendments to the Capital Markets Act that pave the way for the launch of new financial products are credit positive for Egyptian banks, according to Moody\u2019s Credit Outlook. The amendments \u201cwill deepen the financial markets in Egypt by facilitating sukuk issuance and investors\u2019 ability to hedge, making the country a more appealing investment destination to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-20T04:16:15+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Capital Markets Act amendments credit positive for banks -Moody\u2019s\",\"datePublished\":\"2018-02-20T04:16:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/capital-markets-act-amendments-credit-positive-for-banks-moodys\/\",\"name\":\"Capital Markets Act amendments credit positive for banks -Moody\u2019s - 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