Pre-Trading Thoughts

Egyptian Banks| You are Hedged by Nominal Growth The current macroeconomic environment is creating a perfect opportunity for banks' profitability. Balance sheets will expand with the weakness in local currency and high inflation. Treasury investments will present a good opportunity to park excess liquidity, and the high-interest rate environment will serve NIMs and push them higher.Banks have a high percentage of CASA deposits that will counterbalance the recently offered high-rate CDs ...