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Published on 3/18/2016 in the Prospect News Emerging Markets Daily.

Fitch: Arab Tunisian Bank to negative

Fitch Ratings said it affirmed Arab Tunisian Bank's long-term foreign and local currency issuer default ratings at BB and BB+, respectively.

The outlook on the long-term foreign currency issuer default rating was revised to negative from stable. The outlook on the long-term local currency issuer default rating remains negative.

The actions follow Fitch's revision of the outlook on Tunisia's long-term foreign currency issuer default rating to negative from stable.


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