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EMEA ratings roundup, Oct. 22

S&P Global Market Intelligence presents a daily summary of ratings actions on European, Middle Eastern and African financial institutions and economies.

EUROPE

* ACRA upgraded JSC Commercial Bank Poidem!'s credit rating to BB+(RU) from BB(RU) and changed the outlook to positive from stable.

* Fitch Ratings affirmed Clydesdale Bank PLC's long-term senior unsecured debt rating at A-.

MIDDLE EAST

* Capital Intelligence Ratings affirmed Commercial International Bank (Egypt) SAE's B+/B long- and short-term foreign-currency ratings and assigned the lender a bank stand-alone rating of "b+," a core financial strength rating of "bbb-" and an extraordinary support level of Moderate, with stable outlooks on the long-term foreign-currency rating and bank stand-alone rating.

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This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.