NEWS
Fitch maintains Norvik ratings
RIGA - “Fitch Ratings” has affirmed Norvik Banka's ratings at Long-term Issuer Default (IDR) ‘B+', Short-term IDR ‘B', Individual ‘D' and Support ‘5'. The Support Floor is affirmed at ‘No Floor'. The Outlook for the Long-term IDR remains Stable. The ratings reflect the challenges the bank faces in growing in a slowing Latvian economy without increasing its risk profile. The ratings also take into account its healthy profitability, improved risk management systems and relatively low direct ex ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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