trending Market Intelligence /marketintelligence/en/news-insights/trending/N469jZLxuymdw5bugu44UA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Fitch downgrades TsesnaBank

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Fitch downgrades TsesnaBank

Fitch Ratings on Dec. 20 downgraded TsesnaBank JSC's long-term issuer default rating to B from B+ and its viability rating to "b" from "b+" due its "deteriorating asset quality and profitability while its capitalization remains only moderate."

TsesnaBank's recently improved liquidity and its access to finance from state-controlled companies were factored into the new ratings, the agency said.