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

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

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.