Fitch Ratings reaffirms PRAVEX BANK's B rating with a Stable outlook


On February 3, 2021, for the second year in a row, the leading international rating agency Fitch Ratings reaffirmed PRAVEX BANK's ratings, namely the issuer's long-term foreign currency default rating at “B” with a stable outlook and in national currency at “B +” with a stable outlook.  The confirmation is evidence of sustainable development, stability and availability of sufficient liquidity of PRAVEX BANK and reliable support from the international banking group Intesa Sanpaolo.

Fitch Ratings is one of the world's three leading rating agencies.  It is part of the Fitch Group.  The agency assesses the credit rating of borrowers in more than 150 countries on a standardized scale, conducts research and analysis of commercial and government organizations.

More about the rating at the link:

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