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Fitch revises outlook on Zagrebačka banka

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Fitch revises outlook on Zagrebačka banka

Fitch Ratings on Jan. 30 revised Zagrebacka Banka d.d.'s outlook to stable from negative.

At the same time, Fitch affirmed the UniCredit SpA unit's BBB-/F3 long- and short-term issuer default ratings and its 2 support rating.

The outlook revision follows a similar action by the rating agency on Croatia's long-term foreign- and local-currency issuer default ratings.