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Fitch lifts BOK view to stable
Fitch Ratings said it affirmed BOK Financial Corp.’s long-term issuer default rating at A and revised its outlook to stable from negative.
The agency also affirmed BOK’s short-term issuer default rating at F1, viability rating at A and subordinated debt rating at A-.
BOKF, NA’s long-term issuer default rating also was affirmed at A and its outlook revised to stable from negative. Its long-term deposit rating was affirmed at A+, short-term issuer default rating was affirmed at F1 and short-term deposit rating at F1.
The outlook revision follows a periodic review of the mid-tier regional banking group, Fitch said.
The stable outlook reflects BOK Financial's ability to reasonably control credit losses through a sustained energy price downturn that could have impacted its earnings and capital, the agency said.
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