Fitch affirmed Rosbank, Rusfinance, DeltaCredit ratings with stable outlook
- 30 January
On January 27th, 2017 Fitch Ratings has affirmed Rosbank, Rusfinance, DeltaCredit Long-term Issuer Default Rating (IDR) at the level of 'BBB-' with stable outlook. Short-term foreign currency IDR is affirmed at 'F3', National Long-term rating is affirmed at 'AAA(rus)' with stable outlook and withdrawn. At the same time the agency has affirmed the banks' viability rating (VR) at 'bb+'. Support Rating is affirmed at '2'.
The affirmation of the Rosbank, Rusfinance, DeltaCredit National Rating reflects Fitch's view that banks are among the strongest credits in Russia. The banks' IDR and Support Rating are underpinned by potential support the bank may receive from its shareholders.
Banks' 'bb+' VR reflects their stable asset quality, healthy funding profile, reasonable liquidity and capital, and conservative management and risk appetite.
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