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Published on 6/4/2007 in the Prospect News Emerging Markets Daily.

Fitch affirms Ekspo Faktoring

Fitch Ratings said it affirmed Ekspo Faktoring AS' national long-term rating at BBB+.

The outlook is stable.

The rating reflects the company's small size in the Turkish financial system and its exposure to a volatile operating environment, Fitch said.

The ratings also consider the issuer's strong operating performance, asset quality and capitalization, the agency said.


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