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Business news

1 Aug 2017

Fitch revises outlook for Belarusian Bank BelVEB to Positive

MINSK, 1 August (BelTA) - Fitch Ratings revised the outlook on Bank BelVEB's Long-term Issuer Default Rating (IDR) to Positive and affirmed it at 'B-', BelTA learned from the bank’s press service.

The Bank was assigned the short-term IDR at ‘B’.

On 28 July Fitch Ratings revised the Outlook on Belarus's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to Positive from Stable and affirmed the IDRs at 'B-'. The issue ratings on Belarus' senior unsecured foreign-currency bonds were also affirmed at 'B-'. The Country Ceiling was affirmed at 'B-' and the Short-Term Foreign- and Local-Currency IDRs at 'B'.


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