
Fitch Ratings has downgraded Commercial International Bank (Egypt) S.A.E. (CIB) 's Long-Term Issuer Default Rating (IDR) to 'B-' from 'B' and its Viability Rating (VR) to 'b-' from 'b'. Fitch has also downgraded CIB's Government Support Rating (GSR) to 'no support' from 'b-'. The Outlook on the IDR is Stable.