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Fitch revises outlook on UniCredit Bank Austria's long-term issuer default rating

Fitch Ratings on April 1 affirmed 's BBB+/F2long- and short-term issuer default ratings, while revising the outlook on thelong-term rating to negative from stable.

Fitch also affirmed the bank's "bbb+" viabilityrating and its 2 support rating.

The outlook change follows a similar on the bank's ultimate parent,UniCredit SpA, onMarch 24.

The outlook revision of UniCredit Bank Austria reflectspotential negative implications of a deterioration of UniCredit SpA's financialstrength for its Austrian unit's capitalization and financial flexibility.