Fitch affirms Citi

Fitch Ratings said it affirmed Citigroup Inc.'s viability rating at a and long-term issuer default rating at A.

The agency also affirmed Citibank, NA's viability rating at a and issuer default rating at A+.

The outlooks are stable.

Fitch said the affirmation reflects Citi's solid capital and liquidity levels.

The agency said it also views Citi's successful execution of its strategic plans favorably.

“Citi has particular strength in fixed income, especially in its rates and currencies business, and also has a leading Treasury and Trade Solutions (TTS) franchise,” Fitch said in a news release.

“Citi also remains the largest credit card issuer in the world.”

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