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Bank Handlowy w Warszawie SAFitch affirms long-term rating for Alior Bank at "BB+", outlook improved to positive
Fitch rating agency has affirmed listed lender Alior Bank's long-term rating at "BB+", while changing the outlook to positive from stable, the agency said in a press release.
Fitch has also affirmed the bank's Viability Ratings (VRs) at 'bb+'.
"The positive outlook on the Long-Term IDR reflects continuing progress in rebalancing Alior's business mix and addressing legacy issues, leading to an improved risk profile," Fitch wrote.
"This is reflected in a lower impaired loans ratio closer to the domestic industry average and profitability metrics that compare favourably with peers," it added.
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