Fitch affirms Romania’s rating at BBB-

UniCredit Bank S.A.
Wed, 15/04/2015

Fitch Ratings has affirmed Romania's long-term Issuer Default Rating at BBB- and local currency rating at BBB.The issuer ratings on senior secured foreign and local currency bonds remained at BBB- and BBB.                                      

According to the rating agency, GDP is expected to grow at close to potential over the next two years. For 2015 and 2016 Fitch anticipates economic growth rates of 2.7% and 2.8%, respectively.

Irina Savastre
Head of Global Securities Services Romania