By John Lee.
Fitch Ratings has assigned the Erbil-based Region Trade Bank for Investment and Finance Private Shareholding (RTB) a Long-Term Issuer Default Rating (IDR) of ‘CCC+’, and Viability Rating (VR) at ‘ccc+’.
It says the privately-owned bank has minimal market shares in Iraq, no competitive advantages and limited distribution capabilities.
(Source: Fitch Ratings)
The post Fitch Rates Iraq’s RTB Bank ‘CCC+’ first appeared on Iraq Business News.