Fitch Ratings has today affirmed Belarus-based Belarusbanks (BBK) ratings at Issuer Default B- (B minus), Short-term B, Individual D/E and Support 5. The Outlook on the Issuer Default Rating (IDR) remains Stable.

Fitch notes that BBKs stand-alone financial strength has improved sufficiently to warrant a B- (B minus) IDR without considering possible support from the Belarusian authorities. Previously, the banks IDR had been driven by the potential for support being forthcoming from the Belarusian authorities. More

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