The upgrade of the banks reflects Romania’s revised country ceiling of ‘BBB+’, the agency said in a statement.
Fitch also upgraded to ‘F2’ from ‘F3’ the short-term issuer default ratings of the three banks, while affirming at ‘2’ their support ratings. The individual ratings remained unchanged, the agency said.
On Monday, Fitch revised upward Romania’s ratings to ‘BBB’ from ‘BBB-‘, with stable outlook.