By John Lee.
Fitch Ratings has affirmed Trade Bank of Iraq's (TBI) Long-Term Issuer Default Rating (IDR) at 'CCC+', Short-Term IDR at 'C' and Government Support Rating (GSR) at 'ccc+'. Fitch has removed the Stable Outlook on TBI's Long-Term IDR, which was previously published in error.
It says the rating reflects, "the absence of any major credit events or changes since the previous rating review."
(Source: Fitch Ratings)
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