Fitch Ratings has assigned the Russia and Kazakhstan-led Eurasian Development Bank's (EDB's) euro medium term notes (EMTN) programme a 'BBB+' rating. It has also assigned EDB's first euro-denominated bond issue under the programme (€300mn) a 'BBB+' rating.
The ratings are aligned with EDB's long-term issuer default rating (IDR) of 'BBB+' with a stable outlook.
Fitch affirmed the EDB's long term IDR at 'BBB+' with a stable outlook on November 25.
Addiko Bank's management board has withdrawn its recommendation that shareholders accept Raiffeisen Bank International's (RBI) takeover offer after Slovenia's Nova Ljubljanska Banka (NLB) raised its ... more
S&P Global Ratings has upgraded the credit ratings of several subsidiaries of Nasdaq-listed Freedom Holding, raising ratings on Freedom Finance, Freedom Finance Europe, Freedom Finance Global and ... more
Freedom Holding Corp (Nasdaq: FRHC) is positioning itself to expand deeper into Europe’s financial services market with plans to launch a digital bank in France, backed by a €500mn ($572mn) ... more