Fitch Affirm Romanian Garanti Bank at 'BB-'; Outlook Stable

Fitch Ratings has affirmed Garanti Bank S.A.'s (GBR) Long Term Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook and its Viability Rating (VR) at 'bb-'. A full list of rating actions is below.   KEY RATING DRIVERS Business Profile Drives IDRs: GBR's IDRs are driven by its standalone strength, as reflected in its VR. The VR is constrained by Fitch's assessment of GBR's business profile (scored 'bb-'), reflecting the ...

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