Global rating agency "Fitch Ratings" changed the outlook of to the "Liberty Bank" from stable to positive, reports GHN
With the statement of the agency the change of the outlook is determined with change of sovereign outlook of Georgia from stable to positive. From 2010 "Liberty Bank" has "Fitch Ratings" credit rating that was "B" stable till today. After last changes credit rating of the bank became "B" positive. With the statement of agency "Liberty Bank" performs important social function in the country and in future change of sovereign rating of country can influence change of the bank rating too.
"Improvement of the outlook of the bank by "Fitch Ratings" was determined by the improvement of sovereign outlook of Georgia. To own credit rating from global rating agency "Fitch Ratings" talks about credibility and reliability of the bank, stated the general director Giorgi Arveladze.