BUSINESSBUSINESSCOMPANIESECONOMYFINANCE&BANKING

Garanti Bank’s Outlook, upgraded to Stable by Fitch

International Rating Agency Fitch Ratings upgraded Garanti Bank Romania’s (GBR) Outlook to Stable, and confirmed its ratings. As such, the bank’s Long Term IDR was confirmed to ‘BBB- (Investment grade)‘, its Short Term IDR, to ‘F3’, its Support Rating to ‘2’, and its Viability Rating to ‘b+’. Fitch emphasized the…

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