Fitch Rates Poland's Euro Bank 'A-'; Outlook Negative

April 21, 2015 4:22 PM

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(The following statement was released by the rating agency) WARSAW/LONDON, April 21 (Fitch) Fitch Ratings has assigned Euro Bank S.A. (Eurobank) a Long-term Issuer Default Rating (IDR) of 'A-', National Long-term Rating of 'AA-', Support Rating (SR) of '1' and Viability Rating (VR) of 'bb-'.

The Long-term IDR is on Negative Outlook and the National Long-term Rating has a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS - IDRS, NATIONAL RATINGS, SR Eurobank's IDRs, National Ratings and SR reflect Fitch's view that there is a...

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