Fitch affirms Attijari

Fitch Ratings said it affirmed Attijari Leasing's national long- and short-term ratings at BB+(tun) and B(tun), senior rating at BB+ (tun) and TND 20 million subordinated notes at B+ (tun).

The outlook is stable.

The affirmation follows the affirmation of Morocco's Attijariwafa Bank's (BB/stable) ratings.

Attijari Leasings' capital is 65.3% held by the bank's Tunisian subsidiary Attijari Bank Tunisie, the agency said.

There is a high propensity of support from Attijari Bank Tunisie and ultimately Attijariwafa Bank for Attijari Leasing in case of need, Fitch said.

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