Fitch placed under monitoring Banca Transilvania ratings

Financial ratings agency Fitch Ratings on Monday placed under monitoring Banca Transilvania ratings for its long-term foreign currency debts, currently situated at 'BB minus' and the viability rating at 'bb minus,' after the announcement about the takeover of Volksbank Romania, a Fitch press release informs. Last week, the Chairman of Banca Transilvania Board Horia Ciorcila announced that Banca Transilvania had taken over a 100% stake in Volksbank Romania ...

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