Fitch Revises Euro Bank's Outlook to Stable; Affirms at 'A-'

May 22, 2015 12:12 PM

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(The following statement was released by the rating agency) WARSAW/LONDON, May 22 (Fitch) Fitch Ratings has revised the Outlook on Poland-based Euro Bank S.A.'s (Eurobank) Long-term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at 'A-'.

Fitch has also upgraded the bank's Short-term IDR to 'F1' from 'F2' and its National Long-term Rating to 'AA'(pol) from 'AA-'(pol) with a Stable Outlook. The Support Rating (SR) has been affirmed at '1'. A full list of rating actions is at the end of this rating action commentary. The rating actions...

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