Fitch ends positive watch on Alpha bonds

Fitch Ratings said it affirmed Alpha Bank SA's covered bonds' rating at BBB- and removed it from rating watch positive where it was placed in August.

“The outlook is positive mirroring that of the bank's long-term issuer default rating (IDR). The rating action reflects the implementation of Fitch's revised covered bonds rating criteria published on Aug. 8, 2022,” the agency said in a press release.

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