Slower monetary easing to support banks’ profitability: HC

The research department of HC Securities & Investment has released its latest evaluation of Commercial International Bank stock (COMI), projecting that Egypt’s banking sector profitability will benefit from a slower monetary easing cycle and a lower required reserve ratio (RRR). Heba Monir, economist and financial analyst at HC, said: “Egypt’s economy remains resilient amid geopolitical […] The post Slower monetary easing to support banks’ profitability: HC first appeared on Dailynewsegypt .

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