OREANDA-NEWS. Fitch Ratings has today assigned Belarus-based Belinvestbank ("BIB") ratings of Issuer Default 'B-' (B minus), Short-term 'B', Individual 'E' and Support '5'. The Outlook is Stable on the Issuer Default rating ("IDR").

The Issuer Default, Short-term and Support ratings of BIB take into account the potential support the bank is likely to receive from the state if Needed. In view of the majority state ownership, which the Belarusian authorities are committed to maintain, Fitch believes that the government would have a high propensity to support BIB in the event of need.

However, the weak state of government finances limits its ability to provide adequate and timely assistance, and so support cannot be relied upon.