Fitch affirms Evrofinance Mosnarbank

Fitch Ratings said it affirmed Evrofinance Mosnarbank's long-term issuer default rating at B, short-term issuer default rating at B, support rating at 5, individual rating at D and national long-term rating at BBB(rus). The support rating floor also is affirmed at no-floor.

The outlook remains stable.

The ratings reflect the bank's limited franchise, concentrated balance sheet and earnings volatility, Fitch said.

The ratings also consider the generally good quality of the bank's borrowers, adequate risk controls, low loan impairment and sound capital levels, the agency said,

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