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Published on 5/17/2021 in the Prospect News Emerging Markets Daily.

Fitch affirms Agrobank at BB-

Fitch Ratings affirmed JSCB Agrobank's (Agro) long-term issuer default ratings at BB- with stable outlooks and viability rating at b-.

The affirmation of Agro's issuer default ratings reflects Fitch's view of a moderate probability of support from the government of Uzbekistan in case of need, as reflected by the bank's support rating of 3 and support rating floor of BB-.


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