Fitch confirms outlooks for Romanian BCR and BRD at BBB+, Stable Outlook

 Fitch Ratings has affirmed Banca Comerciala Romana S.A.'s (BCR) and Banca Romana de Dezvoltare's (BRD) Long-Term Issuer Defualt Rating (IDR) at 'BBB+' with a Stable Outlook.BCR's Long-Term IDR and Shareholder Support Rating (SSR) are driven by Fitch's view of a high likelihood of extraordinary support from its parent, Erste Group Bank AG (Erste; A/Stable), the same being the case with BRD's IDRs and Shareholder Support Rating (SSR), which reflect the potential support ...

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