Fitch downgrades Getin Noble Bank

Fitch Ratings said it downgraded Getin Noble Bank SA's long-term issuer default rating to B- from B+ and the bank's viability rating to B- from B+.

The downgrades reflect an opinion that Getin's viability prospects have weakened due to heightened capitalization pressure, Fitch said.

The bank breached its minimum regulatory capital requirements in the first half of 2028, mainly due to a combination of high losses and increased capital requirements, the agency said.

The stable outlook reflects broadly balanced risks related to its credit profile, Fitch noted.

The ratings are also driven by the bank's standalone strength and significant deficiencies in the bank's capitalization, Fitch said.

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