Fitch assigns QNB bonds AAA(idn)

Fitch Ratings said it assigned a national long-term rating of AAA(idn) to PT Bank QNB Indonesia Tbk.'s Rp 100 billion bond issuance under the first tranche of the bank's first bond program, which Fitch rates AAA(idn).

The bonds were issued on July 5, 2019, with a maturity of three years and the proceeds have been used to support the bank's growth.

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