Fitch Affirms BOV at 'A-', outlook stable
Jan 21st, 2010 | By maltainc | Category: Banking, Economics, Financial Services, Malta's competitive advantage, Services to facilitate business, Trade financeFitch Ratings has affirmed Bank of Valletta’s long-term issuer default rating at ‘A-’ with a stable outlook.
Fitch simultaneously affirmed BOV’s short-term IDR at ‘F2′, Individual Rating at ‘C’, Support Rating at ‘2′ and Support Rating Floor at ‘BBB+’. Fitch said that the ratings reflected BOV’s conservative management, satisfactory liquidity and healthy capital ratios. They also factor in [...]