Fitch affirms Optima Faktoring

Fitch Ratings said it affirmed Optima Faktoring Hizmetleri AS's national long-term rating at BBB-(tur).

The outlook is stable.

The rating reflects Optima's small size within the local financial system, a limited franchise in its core factoring market and still weaker asset quality compared with rated peers, Fitch said.

The rating also considers its marked improvements in profitability, strong capitalization and sound liquidity, the agency said.

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