Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for Komercni Banka AS > News item |
Fitch upgrades Ceska, Komercni
Fitch Ratings said it upgraded Ceska Sporitelna's and Komercni Banka's long-term issuer default ratings to A from A-.
The outlooks on both banks are stable.
The agency also said it upgraded the viability ratings of Ceska and Komercni to A from A-.
The upgrades reflect a reassessment of the Czech operating environment and both banks' robust credit profiles, Fitch explained.
The agency said it believes that the low-risk banking environment in Czech Republic presents good opportunities for banks to generate consistently profitable business through the credit cycle, the agency said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.