procredit english logo

News

News
Fitch Ratings affirms the credit rating of ProCredit Bank Bulgaria

Fitch Ratings affirms the credit rating of ProCredit Bank Bulgaria

30.04.2020

The international rating agency Fitch Ratings affirmed the long-term credit rating of ProCredit Bank (Bulgaria) EAD in foreign and local currency at BBB- with a stable outlook. In addition, the agency confirmed the bank’s viability rating as bb-which reflects the  systematic strong risk management and maintenance of high asset quality given the bank's low impaired loans, which at end 2019 stood at 1.9% of gross loans, well below the sector average of 9.2%. ->

See more