Fitch affirms Creand Crèdit Andorrà’s rating at ‘BBB-’ and highlights the bank’s adequate capitalisation and leading position in the country
By Eunís
The ratings agency takes a positive view of the increase in profitability The ample and well-managed liquidity was another favourable point in the assessment Fitch Ratings affirms Creand Crèdit Andorrà’s long-term rating at ‘BBB-’ with a stable outlook. The ratings agency highlighted the bank’s leading domestic franchise in Andorra, strengthened by its acquisition of Vall … Continued