Fitch affirms Ekspo Faktoring

Fitch Ratings said it affirmed Ekspo Faktoring AS's national long-term rating at BBB+(tur) with stable outlook.

The rating reflects Ekspo Faktoring's small size within the Turkish financial system and exposure to a volatile operating environment, the agency said.

These are balanced by its solid operating performance, cost efficiency, good asset quality and adequate capitalization, Fitch noted.

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