Fitch affirms Uzbekistan’s Universal Bank at B-; outlook stable

01.12.2021

Fitch Ratings has affirmed Uzbekistan-based Joint Stock Commercial Bank Universal Bank’s (UB) Long-Term Issuer Default Ratings (IDRs) at ‘B-’ with a Stable Outlook.

Fitch has withdrawn UB’s Support Rating and Support Rating Floor as they are no longer relevant to the agency’s coverage following the publication of our updated Bank Rating...