Fitch Ratings Affirms Ratings of Belarusbank

International agency Fitch Ratings has affirmed ratings of Belarusbank:

Long-Term Foreign-Currency Issuer Default Ratings (IDR) at 'B'; Outlook Negative

Short-Term Foreign-Currency IDR at 'B'

Viability Rating at 'b-'

Support Rating at '4'

Support Rating Floor affirmed at 'B'

Belarusbank is a state-owned bank and sovereign ratings of the Republic of Belarus (IDR at ‘B’, Outlook Negative) have a significant impact on the Bank’s ratings. The major advantages of the largest financial institution are its leading position at the bank system of the Republic of Belarus and State support opportunity.

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