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Fitch ups Russia International Card
Fitch Ratings said it has upgraded the ratings of Russia International Card Finance 1 and 2 to BB- from B+.
The upgrades stem from the recent upgrade of JSCB Rosbank's issuer default rating to B+ from B and a resulting change in the going concern assessment applicable to Rosbank and JCS United Card Services, the processor/servicer, the agency said.
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