Fitch affirms Alfa-Bank

Fitch Ratings said it has affirmed PJSC Alfa-Bank's long-term issuer default rating at B- with a stable outlook and viability rating at CCC.

The agency said that the issuer default ratings incorporate Fitch's view on potential support the bank may receive from other assets controlled by its main shareholders, including from its sister bank, OJSC Alfa-Bank (BBB-/stable), which also holds a minority 19.9% stake in the bank.

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