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Prospect News home > News index > List of issuers E > Headlines for Eastern and Southern African Trade and Development Bank (PTA Bank) > News item |
Fitch affirms PTA Bank
Fitch Ratings said it affirmed the Eastern and Southern African Trade and Development's (PTA Bank) long-term issuer default rating at BB- and short-term issuer default rating at B and national long-term rating at AA+(ken).
The outlook is stable.
Ratings reflect PTA Bank's strong shareholder support, particularly from non-regional highly rated shareholders, the agency said.
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