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FITCH

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Banks-Insurance

Fitch Affirms Romania’s Banca Transilvania, UniCredit Tiriac Bank And ProCredit Bank

Fitch Ratings has affirmed its rating on Romanian lenders Banca Transilvania (TLV.RO), UniCredit Tiriac Bank and ProCredit Bank Romania, the agency said in a statement Friday.

Florentina Dragu · 22.07.2011 · 18:50 · 1 min
Banks-Insurance

Fitch: Romanian NPLs Poised To Peak By Year-End

Romanian non-performing loans are likely to peak to around 14% to 16% of total loans by year-end, from 13% of total in April, a report from Fitch Ratings showed Thursday.

Florentina Dragu · 22.07.2011 · 09:27 · 2 min
Banks-Insurance

Fitch Upgrades BCR, BRD and UniCredit Tiriac To ‘BBB+’

Fitch Ratings Thursday upgraded the long-term issuer default ratings of Banca Comerciala Romana (BCR), BRD - Groupe Societe Generale (BRD.RO) and UniCredit Tiriac Bank to 'BBB+' from 'BBB' f...

Florentina Dragu · 07.07.2011 · 20:18 · 1 min
Macroeconomics

Fitch Ups Brasov, Oradea Ratings; Puts Bucharest On Positive Watch

Fitch Ratings upgraded the Romanian cities of Brasov and Oradea's long-term foreign currency ratings to 'BBB-' from 'BB+', with stable outlooks, the agency said in a statement Thursday.

Florentina Dragu · 07.07.2011 · 12:59 · 1 min
Romania Ditches ‘Junk’ Status As Fitch Ups Rating To BBB-
Macroeconomics

Romania Ditches ‘Junk’ Status As Fitch Ups Rating To BBB-

Fitch Ratings Monday upgraded Romania’s long-term foreign currency issuer default rating to ‘BBB-’ from ‘BB’ and long-term local currency rating to ‘BBB’ from ‘BBB-’, citing the country’s pr...

Bogdan Neagu · 04.07.2011 · 16:41 · 2 min
Banks-Insurance

Fitch Rates Romania's EUR1.5B 5-Year Bond Issue 'BB+'

Fitch Ratings on Friday said it has assigned a rating of BB+ to Romania's EUR1.5 billion Eurobond, the first issue of the country's EUR7 billion medium term notes (MTN) program.

Neagu Bogdan Mircea · 10.06.2011 · 22:55 · 1 min
Banks-Insurance

Romania’s Loans-to-GDP Ratio Lowest In CEE – Fitch

Romania ranks last based on lending and asset quality among twelve emerging countries in Central and Eastern Europe, according to a Fitch Ratings survey released Thursday.

Florentina Dragu · 02.06.2011 · 15:24 · 1 min
Banks-Insurance

Fitch Affirms Romania’s Brasov At ‘BB+’, Citing Improved Financials

Fitch Ratings Wednesday affirmed at ‘BB+’ its long-term foreign currency rating on Romanian central city of Brasov, with stable outlook, citing improved budgetary performance and restored fi...

Florentina Dragu · 01.06.2011 · 13:50 · 1 min
Banks-Insurance

Fitch Affirms Oradea At ‘BB+’; Outlook Stable

Fitch Ratings on Wednesday affirmed the Romanian city of Oradea's (Oradea) long-term foreign currency rating at 'BB+', long-term local currency rating at 'BBB-' and short-term foreign curren...

Florentina Dragu · 01.06.2011 · 13:29 · 1 min