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FITCH

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Romania To Stick To IMF/EU Agreement Until November Elections - Analysts
Banks-Insurance

Romania To Stick To IMF/EU Agreement Until November Elections - Analysts

Romania’s fiscal and economic program agreed with the International Monetary Fund and the European Commission is unlikely to be affected by the government’s resignation and will remain on tr...

Florentina Dragu · 06.02.2012 · 17:36 · 1 min
Fitch Rates Romania's $1.5B Bond At BBB-
Banks-Insurance

Fitch Rates Romania's $1.5B Bond At BBB-

Fitch Ratings Wednesday said it has assigned Romania's $1.5 billion notes, which carry a coupon of 6.75% and are due on 7 February 2022, a rating of'BBB-', in line with the country's soverei...

Bogdan Neagu · 01.02.2012 · 23:25 · 1 min
Banks-Insurance

Fitch: Bank Asset Quality In Romania Remains Weak, Could Deteriorate Further

Romanian bank asset quality has continued to weaken and further deterioration without strengthening of banks' capital could result in the sector outlook turning negative, Fitch Ratings said...

Florentina Dragu · 14.12.2011 · 15:53 · 1 min
Fitch Assigns 'BB+' Rating To Garanti Bank; Outlook Stable
Banks-Insurance

Fitch Assigns 'BB+' Rating To Garanti Bank; Outlook Stable

Fitch Ratings Friday assigned Romania-based Garanti Bank SA a long-term issuer default rating of 'BB+', with stable outlook, and a viability rating of 'b'.

Florentina Dragu · 02.12.2011 · 15:40 · 1 min
Fitch Affirms UniCredit Tiriac Bank At ‘BBB+’, With Stable Outlook
Banks-Insurance

Fitch Affirms UniCredit Tiriac Bank At ‘BBB+’, With Stable Outlook

Fitch Ratings Thursday affirmed its long-term issuer default rating on Romanian UniCredit Tiriac Bank at ‘BBB+’, with stable outlook, following the placement of Italy’s UniCredit group ratin...

Florentina Dragu · 13.10.2011 · 13:18 · 1 min
Fitch Upgrades Bucharest To 'BBB-' With Stable Outlook
Macroeconomics

Fitch Upgrades Bucharest To 'BBB-' With Stable Outlook

Fitch Ratings Friday upgraded the Romanian city of Bucharest's long-term foreign currency ratings to 'BBB-' from 'BB+' and the long-term local currency ratings to 'BBB' from 'BBB-', with sta...

Bogdan Neagu · 12.08.2011 · 18:12 · 2 min
Fitch: Forex Lending Could Resume Upward Trend In Romania
Analysis

Fitch: Forex Lending Could Resume Upward Trend In Romania

Fitch Ratings Thursday warned Romania could see a new spike in foreign currency lending due to prolonged high inflation, which forces the central bank to keep interest rates above eurozone l...

Florentina Dragu · 11.08.2011 · 15:05 · 1 min
Analysis

Fitch Sees Moderate Risks Of Fiscal Slippage In Romania Next Year

Romania faces a “moderate risk” of fiscal slippage around the election period in 2012, which could put downward pressure on the sovereign ratings, Fitch Ratings said in a report Thursday.

Florentina Dragu · 11.08.2011 · 14:01 · 1 min
Banks-Insurance

Fitch Ups Metropolitan Area Of Oradea Outlook To Positive

Fitch Ratings on Monday revised upward the Romanian metropolitan area of Oradea’s outlook to positive from stable, citing overall improvement following the financial crisis and economic revi...

Florentina Dragu · 25.07.2011 · 15:45 · 1 min