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Fitch affirms Sanasa Development Bank
Fitch Ratings said it affirmed Sanasa Development Bank Ltd.'s national long-term rating at BB(lka).
The outlook is stable.
The rating reflects its historically high levels of profitability and moderate asset quality, Fitch said.
The rating is constrained by the riskier nature of its client base, which is more susceptible to economic downturns, the agency said.
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