Fitch Ratings has assigned the Russia and Kazakhstan-led Eurasian Development Bank's (EDB's) euro medium term notes (EMTN) programme a 'BBB+' rating. It has also assigned EDB's first euro-denominated bond issue under the programme (€300mn) a 'BBB+' rating.
The ratings are aligned with EDB's long-term issuer default rating (IDR) of 'BBB+' with a stable outlook.
Fitch affirmed the EDB's long term IDR at 'BBB+' with a stable outlook on November 25.
Russia’s second-largest bank state-controlled VTB plans to divest non-core assets unrelated to banking operations within the next five years, according to Interfax citing the bank's CEO, ... more
Azerbaijan’s leading commercial banks released their financial results for the first quarter of 2025, showing a mixed performance in profitability, digitalisation, credit growth and capital ... more
Slovenia’s largest banking group, NLB, announced on April 11 that it plans to distribute €257mn in dividends in 2025, following a record-breaking performance in 2024. The payout, representing ... more