Fitch Affirms Kapital Bank at B
OREANDA-NEWS. February 06, 2013. Global rating agency, Fitch Ratings, has affirmed the Long-term foreign currency Issuer Default Rating (IDR) of Kapital Bank at ‘B+’ with a Stable Outlook.Fitch stresses Kapital Bank`s active participation in a number of important government projects, and Bank's important role in distributing pensions through the largest country-wide branch network, reported the press-centre of Kapital Bank.
In the course of the last four years (2009 – 2012) KB has increased its loan book almost five times.
The rating actions for Kapital Bank are as follows: Long-term IDR: affirmed at 'B+'; Outlook Stable Short-term IDR: affirmed at 'B'Viability Rating: affirmed at ‘b-‘Support Rating: affirmed at '4'Support Rating Floor: affirmed 'B+'
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