13.07.2016, 15:58
Fitch Affirms 3 Belarus State-Owned Banks
OREANDA-NEWS. Fitch Ratings has affirmed Belarusbank's (BBK), Belinvestbank's (BIB) and Development Bank of the Republic of Belarus's (DBRB) Long-Term Issuer Default Ratings (IDRs) at 'B-' with Stable Outlooks.
The Long-Term IDRs, Support Ratings and Support Rating Floors are underpinned by potential state support, in case of need, and are dependent on the level of the sovereign rating (B-/Stable). Support considerations take into account the banks' state ownership (either through The State Property Committee for BBK and BIB or the Council of Ministers in the case of DBRB) and government control.
The Long-Term IDRs, Support Ratings and Support Rating Floors are underpinned by potential state support, in case of need, and are dependent on the level of the sovereign rating (B-/Stable). Support considerations take into account the banks' state ownership (either through The State Property Committee for BBK and BIB or the Council of Ministers in the case of DBRB) and government control.
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