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7 Aug 2017

Fitch affirms three Belarus banks at 'B-'/Stable

MINSK, 7 August (BelTA) - Fitch Ratings has affirmed Belarusbank's, Belinvestbank's and the Development Bank of the Republic of Belarus' (DBRB) Long-Term Issuer Default Ratings (IDRs) 'B-' with Stable Outlooks, BelTA learned from the website of the rating agency.

“The three banks' Long-Term IDRs, Support Rating and Support Ratings Floors are underpinned by potential state support, in case of need, and are aligned with the sovereign rating (B-/Stable), the Fitch press release reads.

 

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