Fitch affirms Tisco Bank

Fitch Ratings said it affirmed Tisco Bank PCL's national long-term rating at A(tha) and Tisco Financial Group PCL's long-term rating at A-(tha).

The outlook is stable.

The ratings take into consideration its strong profitability and asset quality, as well as the expected maintenance of its current capital level, Fitch said.

The ratings are constrained by its weaker funding and liquidity position compared to larger peers, the agency said.

The stable outlook reflects the expected sustained strong overall financial performance, Fitch added.

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