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Fitch affirms ALJ Finansman
Fitch Ratings said it affirmed ALJ Finansman AS's national long-term rating at A(tur).
The outlook is stable.
The agency said the rating of ALJ benefits from its established business model, moderate risk appetite, acceptable asset quality and a comfortable liquidity position.
At the same time, the rating is constrained by ALJ's narrow and concentrated franchise, appetite for higher leverage and modest profitability, Fitch said.
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