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Prospect News home > News index > List of issuers C > Headlines for Christian Savings Ltd. > News item |
Fitch ups Christian Savings to BB-
Fitch Ratings said it upgraded Christian Savings Ltd.’s long-term issuer default rating to BB- from B+ and viability rating to bb- from b+.
The outlook is stable.
Fitch said the upgrades reflect the improvement in the organization's risk appetite, a significant uplift in capitalization, and earnings and profitability that were better than the agency expected.
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