Fitch Ratings maintained Denizbank Moscow’s long-term rating of BBB- on Rating Watch Evolving.
As the agency’s experts pointed out, this action came from uncertainty about the bank’s role as part of Sberbank Group following the acquisition by the leading Russian lender of Denizbank, a direct parent company of Denizbank Moscow.
According to the analysts, Denizbank’s ratings could be lowered if the new shareholder takes a decision to sell the bank.
