Fitch Ratings on April 1 affirmed Romania-based 's BBB/F2 long- and short-termissuer default ratings, while revising the outlook on the long-term rating to negativefrom stable.
The rating agency also affirmed the bank's support rating at2, with no change to its "bb-" viability rating.
The outlook change follows a similar action on the bank's ultimate parent, UniCredit SpA, on March 24.
The issuer default ratings and support rating of UniCredit Bankreflects the "high" likelihood of support from the parent.