{"id":637626,"date":"2017-11-21T04:03:19","date_gmt":"2017-11-21T04:03:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/"},"modified":"2017-11-21T04:03:19","modified_gmt":"2017-11-21T04:03:19","slug":"ebrd-loan-to-cib-is-credit-positive-moodys","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/","title":{"rendered":"EBRD loan to CIB is credit positive -Moody\u2019s"},"content":{"rendered":"

<\/a> CIB\u2019s USD 100 mn subordinated <\/strong>loan agreement<\/strong><\/a> with the European Bank for<\/strong> Reconstruction and Development is credit positive for CIB<\/strong>, ratings agency Moody\u2019s says<\/a>. The loan qualifies as Tier-2 capital and will increase the bank\u2019s total capital and protect its total regulatory capital ratio against the risk of further weakening of the EGP. \u201cThe subordinated loan also will diversify CIB\u2019s funding sources and increase the [USD] funds available to the bank to service its clients.\u201d Moody\u2019s adds that \u201calthough the bank did not announce the pricing for the subordinated loan, we do not expect that its cost will materially negatively affect CIB\u2019s funding cost or its high net interest margin of 4.94% as of September 2017.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

CIB\u2019s USD 100 mn subordinated loan agreement with the European Bank for Reconstruction and Development is credit positive for CIB, ratings agency Moody\u2019s says. The loan qualifies as Tier-2 capital and will increase the bank\u2019s total capital and protect its total regulatory capital ratio against the risk of further weakening of the EGP. \u201cThe subordinated […]<\/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-637626","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6bf516fe-7a75-4b87-bc32-90a387eae421","order":"0","is_powered_by":true,"section_story_id":"e1e1d181-9272-41f2-97d4-fecea49a0157","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637616],"teaser":"","voice_url":""},"yoast_head":"\nEBRD loan to CIB is credit positive -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\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD loan to CIB is credit positive -Moody\u2019s\" \/>\n<meta property=\"og:description\" content=\"CIB\u2019s USD 100 mn subordinated loan agreement with the European Bank for Reconstruction and Development is credit positive for CIB, ratings agency Moody\u2019s says. The loan qualifies as Tier-2 capital and will increase the bank\u2019s total capital and protect its total regulatory capital ratio against the risk of further weakening of the EGP. \u201cThe subordinated […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-21T04:03:19+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\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD loan to CIB is credit positive -Moody\u2019s\",\"datePublished\":\"2017-11-21T04:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/\"},\"wordCount\":128,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/21\/ebrd-loan-to-cib-is-credit-positive-moodys\/\",\"name\":\"EBRD loan to CIB is credit positive -Moody\u2019s - 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The loan carries a 10-year maturity and will not cause\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":610315,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/cib-to-borrow-usd-150-mn-from-ebrd\/","url_meta":{"origin":637626,"position":1},"title":"CIB to borrow USD 150 mn from EBRD","author":"enterpriseam admin","date":"19 November 2023","format":false,"excerpt":"The funds will strengthen the bank\u2019s Tier II capital","rel":"","context":"In \"banking\"","block_context":{"text":"banking","link":"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/943.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638784,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/egypts-banking-system-is-stable-moodys-investor-service-says\/","url_meta":{"origin":637626,"position":2},"title":"Egypt\u2019s banking system is \u201cstable,\u201d Moody\u2019s Investor Service says","author":"enterpriseam admin","date":"15 October 2017","format":false,"excerpt":"The outlook for the Egyptian banking system is stable, as economic growth picks up, loan performance remains broadly resilient and banks benefit from a stable deposit base, Moody's Investors Service says. \u201cThe banks are funded by stable and low-cost domestic deposits, mainly from households, a credit strength \u2026 We expect\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637401,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/ebrd-goes-on-a-spending-spree-supporting-egyptian-banks\/","url_meta":{"origin":637626,"position":3},"title":"EBRD goes on a spending spree supporting Egyptian banks","author":"enterpriseam admin","date":"15 November 2017","format":false,"excerpt":"The European Bank for Reconstruction and Development just loaned a crisp USD 325 mn to Egypt\u2019s banks to drive SME lending, export growth and the expansion of banks into Africa.CIB signed an agreement for a USD 100 mn subordinated loan with the European Bank for Reconstruction and Development (EBRD). CIB\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/11\/1008.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":651603,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/ebrd-loans-emirates-nbd-egypt-usd-125-mn\/","url_meta":{"origin":637626,"position":4},"title":"EBRD loans Emirates NBD Egypt USD 125 mn","author":"enterpriseam admin","date":"16 February 2017","format":false,"excerpt":"EBRD loan will strengthen Emirates NBD Egypt capital base: The European Bank for Reconstruction and Development (EBRD) is providing Emirates NBD Egypt with a USD 125 mn subordinated loan to strengthen the bank\u2019s capital base, EBRD said in a statement. 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