Fitch affirmed Fibank’s rating and upgraded the outlook

The international rating agency Fitch Ratings has affirmed Fibank’s Long-Term Issuer Default Rating (IDR) at ‘B’ and revised the outlook to Positive from Stable.

Fitch views positively the bank’s progress in corporate governance and risk management, while also affirming all other ratings of First Investment Bank, as follows:

  • Long-Term Issuer Default Rating (IDR): 'B' with a Positive Outlook
  • Short-Term IDR: affirmed at 'B'
  • Viability rating: affirmed at ‘b’