Fitch Rating agency keeps Morabanc’s rating for the second year at BBB with stable outlook

14.06.2017   //  By:   //  All news, Business and Economy

morabanc_fitch_2017

agency keeps ’s at BBB with stable outlook. This is maintained by for the second year.

According to Morabanc, the bank was able to maintain the rating largely thanks to a serious transformation and the establishment of new rules, which include investments in the development of new banking digital technologies, the adaptation of the bank’s systems and processes, taking into account new international rules, and the application of a risk minimization strategy.

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Look here for more information about Andorran banks

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