K&H Bank - Ratings Affirmed; Outlook Revised to Negative

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of Kereskedelmi es Hitelbank (K&H) to Negative from Stable. At the same time, CI Ratings has affirmed the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) at 'BBB' and 'A2', respectively. K&H's BSR of 'bbb-', Core Financial Strength (CFS) rating of   'bbb-', and Extraordinary Support Level (ESL) of Moderate have also been affirmed.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Hungary, K&H Bank)
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