Fitch Ratings

Fitch Ratings revised the outlook on Romania's long-term foreign- and local-currency issuer default ratings (IDRs) to stable from negative and affirmed the IDRs at 'BBB-', the Finance Ministry announced. This is the first upgrade in…

Fitch Ratings has downgraded Garanti Bank S.A.'s (GBR) Shareholder Support Rating (SSR) to 'b' from 'b+'. At the same time GBR's Long-Term Issuer Default Rating (IDR) is affirmed at 'BB-' with Stable Outlook and Viability Rating (VR) at…

After Fitch Ratings had warned that the dissolution of the ruling coalition in Bucharest might disrupt the fiscal consolidation efforts, Romanian PM Florin Cîţu assured that the reform programme is moving on and that Romania has higher…

Fitch Ratings has assigned Autonom Services SA a Long-Term Issuer Default Rating (IDR) of 'B+'. Autonom Services is an extensive mobility network in Romania that in December 2019 listed 20 million euro worth bonds on the Main Market of the…

Fitch Ratings has affirmed Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook. "Romania's investment-grade ratings are supported by moderate levels of government debt, and GDP per capita and…

Fitch Ratings has assigned Transgaz a Long-Term Issuer Default Rating (IDR) of 'BBB-' with a Stable Outlook. Transgaz's 'BBB-' IDR mainly reflects its solid business profile as a concessionaire and operator of the gas transmission…

Fitch Ratings has affirmed Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook. Romania's investment-grade ratings are supported by moderate levels of government debt, and GDP per capita and…

Fitch Ratings has on Wednesday affirmed the Long-Term IDRs of Banca Comerciala Romana S.A. (BCR) and BRD-Groupe Societe Generale S.A. (BRD) at 'BBB+' and revised their Outlooks to Stable from Negative. Fitch has also affirmed the Viability…

Fitch Ratings affirmed Garanti Bank Romania’s long-term Issuer Default Rating (IDR) at ‘BB-’, with stable outlook, while the bank’s Viability Rating was also affirmed at ‘bb-’, despite legislative uncertainties having already had an impact…

Romania's draft 2019 budget targets a reduction in the budget deficit, but is based on optimistic assumptions and fails to clarify uncertainty over the new bank tax, Fitch Ratings says The budget published by the Ministry of Public…