Browse
related articles
Egypt's borrowing costs set to drop: EFG-Hermes
- Egypt: Thursday, February 28 - 2013 at 04:13
Egypt-based investment bank, EFG-Hermes Holding has said the country's borrowing costs are set to fall as the slowest loan growth in three years amid escalating political turmoil prompts banks to park funds in government notes, Bloomberg has reported. "Banks have nowhere else to put their money," Khalil al-Bawab, director of fixed income at Cairo-based EFG-Hermes. "Although there's a lack of visibility on where the country is going, the market's risk appetite has been adjusted due to the persistence of instability in the last two years."
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
