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FITCH RATINGS

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Fitch Ratings Takes Rating Actions On Romanian Banks On Covid-19 Impact
Banks-Insurance

Fitch Ratings Takes Rating Actions On Romanian Banks On Covid-19 Impact

International credit rating agency Fitch Ratings has taken rating actions on five Romanian banks in light of the coronavirus outbreak in Europe, including downgrading UniCredit Bank S.A. (UC...

Ecaterina Craciun · 20.05.2020 · 16:23 · 1 min
Fitch Ratings Assigns Romania's Electrica First-Time 'BBB' IDR; Outlook Stable
Companies

Fitch Ratings Assigns Romania's Electrica First-Time 'BBB' IDR; Outlook Stable

Fitch Ratings has assigned Romanian state-owned energy utility group Electrica (EL.RO) a Long-Term Issuer Default Rating (IDR) of 'BBB' with a Stable Outlook, Fitch Ratings said in a press s...

Ecaterina Craciun · 23.09.2019 · 18:35 · 2 min
Fitch Ratings Revises Outlooks On BCR And BRD To Stable On Revised Bank Tax Decree
Banks-Insurance

Fitch Ratings Revises Outlooks On BCR And BRD To Stable On Revised Bank Tax Decree

Fitch Ratings on Wednesday affirmed the Long-Term IDRs of Banca Comerciala Romana S.A. (BCR) and BRD-Groupe Societe Generale S.A. (BRD) at ‘BBB+’ and revised their Outlooks to Stable from Ne...

Ecaterina Craciun · 04.04.2019 · 12:42 · 2 min
Fitch Ratings: Romania 2019 Budget Fails to Lift Fiscal Uncertainty
Macroeconomics

Fitch Ratings: Romania 2019 Budget Fails to Lift Fiscal Uncertainty

Romania's draft 2019 budget targets a reduction in the budget deficit, but is based on optimistic assumptions and fails to clarify uncertainty over the new bank tax, Fitch Ratings said in a...

Oana Gavrila · 05.02.2019 · 15:20 · 3 min
Fitch Affirms Banca Transilvania Rating at BB+ with Stable Outlook
Banks-Insurance

Fitch Affirms Banca Transilvania Rating at BB+ with Stable Outlook

Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of Banca Transilvania at 'BB', with a Stable Outlook, as well as BT’s Viability Rating (VR) at 'bb'.

Oana Gavrila · 28.01.2019 · 13:38 · 1 min
Fitch Ratings Affirms Banca Transilvania Rating At ‘BB’
Banks-Insurance

Fitch Ratings Affirms Banca Transilvania Rating At ‘BB’

Fitch Ratings has affirmed the long-term issuer default ratings (IDRs) of Romanian lender Banca Transilvania (TLV.RO) at 'BB', with stable outlook.

Gabriela Stan · 21.10.2016 · 13:18 · 1 min
Fitch Places KMG International On Rating Watch Negative
Energy

Fitch Places KMG International On Rating Watch Negative

Fitch Ratings has placed KMG International, former Rompetrol Group, on rating watch negative, following an agreement between KazMunayGas and China Energy Company which can lead to an ownersh...

Gabriela Stan · 18.12.2015 · 18:40 · 1 min
Fitch Ratings Affirms City Of Bucharest at 'BBB-'; Outlook Stable
Banks-Insurance

Fitch Ratings Affirms City Of Bucharest at 'BBB-'; Outlook Stable

Fitch Ratings on Friday affirmed the Romanian city of Bucharest's long-term foreign currency issuer default rating at 'BBB-', long-term local currency IDR at 'BBB' and short-term foreign cur...

Gabriela Stan · 30.01.2015 · 20:06 · 1 min
Fitch Affirms Romania At BBB-, With Stable Outlook
Macroeconomics

Fitch Affirms Romania At BBB-, With Stable Outlook

Fitch Ratings Friday affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, citing the country’s strong economic growth and its resilience to rece...

Florentina Dragu · 07.03.2014 · 10:21 · 2 min