Fitch affirms Fortis, BGL BNP

Fitch Ratings said it affirmed BNP Paribas Fortis SA/NV's and BGL BNP Paribas's long-term issuer default ratings at A+ with stable outlooks and short-term issuer default ratings at F1.

BNP Paribas Fortis’ viability rating was affirmed at a.

The agency said the issuer default ratings, derivative counterparty ratings and senior debt ratings are equalized with the ratings of the banks' majority or ultimate shareholder, BNP Paribas SA (A+/stable/F1).

Fitch said the support rating of 1 reflects an extremely high probability of support from BNP Paribas, if needed.

The agency said it views BNP Paribas Fortis and BGL BNP Paribas as core to BNP Paribas’ strategy and franchise.

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