Fitch Affirms Romanian Garanti Bank at 'BB-'/Stable

Fitch Ratings has affirmed Garanti Bank S.A.'s (GBR) Long-Term Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook and Viability Rating (VR) at 'bb-'. A full list of rating actions is detailed below. KEY RATING DRIVERS IDRS AND VR The IDRs of GBR are driven by its standalone profile as reflected in its VR. The VR reflects the bank's limited size and franchise in Romania, adequate earnings and asset ...

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