Thursday, September 28, 2006

Fitch re-affirms rating for UniCredit Romania and HVB Tiriac


The Fitch agency re-affirmed on Thursday its “A minus” long-term currency debt ratings for the UniCredit Romania and HVB Tiriac banks and kept a stable perspective, an agency press release says.

The rating for short-term credits at UnCredit remained unchanged at F2 as did the individual rating and the support tag of D and 1 respectively.

As for HVB Tiriac, Fitch re-affirmed its F2 rating for short term credits, a D individual rating and the support tag of 1.

It also positively reviewed the individual rating of UniCredito and Bayerische Hypo-und Vereinsbank’s (HVB) from B/C to B and C/D to C respectively.


HotNews.ro, Sep 28, 2006

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