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News 2026-09-25 07:23 UTC

US proposed sanction on Banque Misr UAE branches has limited ratings impact: Fitch

By Staff WriterFitch Ratings said the US Treasury Department’s proposed restrictions on Banque Misr's (BM) five UAE branches are likely to have only a limited impact on the Egyptian lender's credit profile.The proposed rule would prohibit US financial institutions from opening or maintaining US dol…