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Fitch Ratings – London – 19 Jan 2021: Fitch Ratings has affirmed United Bank for Africa Senegal SA’s (UBA SEN) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook remains Stable. The Viability Rating (VR) has also been affirmed at ‘b-‘. A full list of rating actions is provided below. KEY RATING DRIVERS IDRs and Support Rating UBA SEN’s IDRs are driven by potential support from the parent bank, United Bank For Africa Plc (UBA; B/Stable), in case of need. The Support Rating (SR) of ‘5’ indicates Fitch’s view that parental support is possible, notably given that UBA...

Fitch Ratings – London – 19 Jan 2021: Fitch Ratings has affirmed UBA Cameroon S.A’s (UBA CAM) Long-Term Issuer Default Rating (IDR) at ‘B-‘. The Outlook is Stable. The Viability Rating (VR) has been affirmed at ‘b-‘. A full list of rating actions is below. KEY RATING DRIVERS IDRs AND SUPPORT RATING UBA CAM’s IDRs are driven by potential support from its parent bank, Nigeria’s United Bank for Africa Plc (UBA; B/Stable), in case of need. The Support Rating (SR) of ‘5’ indicates Fitch views that parental support is possible given the size of UBA CAM (less than 5% of group a...

Fitch affirms Doha Bank ratings at ‘A’  30 Dec 2020 - 8:30 The Peninsula Doha: Fitch Ratings has affirmed the Doha Bank’s IDRs, Support Rating (SR) and Support Rating Floor (SRF) with Stable Outlook and it reflect Fitch’s expectation of an extremely high probability of support from the Qatari authorities for domestic banks in case of need. This reflects the strong ability of Qatar to support its banks, as indicated by its rating (AA-/Stable), combined with Fitch’s belief of a strong willingness to support the banking sector and the bank.  The government and the Qatar Central Ban...

Fitch Ratings said that it has affirmed Raiffeisenbank Bulgaria's (RBBG) Issuer Default Rating (IDR) at 'BBB' and removed it from Rating Watch

U.s. and china and south korea with the trilateral meeting scheduled this week on the sidelines of the g-20, but stressing the importance to engage other countries, particularly china and russia, to take what he called a constructive action regarding the north korea issue. i think clearly japanese prime minister frustrated, but keen to play sort of a mediator role in trying to contain this crisis. >> would that involve mediating with the north koreans itself? that's the sort of message we're hearing from seoul and washington, increasingly hearing at least. >> i think it would be difficult to a...