Fitch affirms four Uzbek state-owned banks; outlooks stable

05.06.2020

Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of Uzbek Industrial and Construction Bank (UIСB, also known as Uzpromstroybank), Joint Stock Commercial Bank Asaka, OJSC Agrobank (Agro) and Microcreditbank (MCB) at ‘BB-’, with Stable Outlooks. Fitch has also affirmed the banks’ Viability Ratings (VR). A full list of...