January 25, 2018 / 2:38 PM / 24 days ago

BRIEF-Moody's Says Egypt's New Bankruptcy Law Is Credit Positive For Banks

Jan 25 (Reuters) - Moody‘s:

* MOODY‘S SAYS EGYPT‘S NEW BANKRUPTCY LAW IS CREDIT POSITIVE FOR BANKS

* MOODY‘S -EGYPT BANKRUPTCY LAW CREDIT POSITIVE FOR BANKS AS IT WILL PROVIDE MORE OPTIONS TO DEAL WITH VIABLE TROUBLED COS, MAKE LOAN WORKOUTS MORE FLEXIBLE,FASTER‍​

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