K&H Bank - Ratings Affirmed; Outlook Remains Negative

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Kereskedelmi es Hitelbank (K&H) at 'BBB' and 'A2', respectively. At the same time, CI Ratings has affirmed K&H's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Negative and is aligned with CI's internal assessment of sovereign credit risk for Hungary.

Attachments

• Rating Announcement (CRA)
  PDF Download Available