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Fitch maintains 'A minus' rating for BCR

Vineri, 15 iunie 2007, 0:00

The financial evaluation company Fitch Ratings confirmed on Tuesday the "A minus” rating for long term debts and "F2" for short term debts for the Romanian Commercial Bank (BCR), given the strong support offered by the majority shareholder, Erste Bank, a press release of the international agency reads.

Fitch also maintained the "C/D" individual rating and the Level 1 support rating. The perspective for all the bank's ratings is stable.

"Since the bank was took over by Erste Bank, a series of important projects were identified on all business levels", said Tim Beck, manager of the Financial Institutions division at Fitch.

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