Fitch Ratings Affirmed Malta's Long-term Foreign Currency and Local Currency Issuer Default Ratings (IDRs) at 'A+'
News    ·   01-01-2012
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AUTHOR: General

Fitch Ratings today affirmed Malta's Long-term foreign currency and local currency Issuer Default Ratings (IDRs) at 'A+'. Both ratings have Stable Outlooks. Fitch noted that the domestic banks survived the international banking crisis and recession virtually unscathed and required no direct financial assistance from the government. Capital and non-performing loan ratios deteriorated marginally during the past two years but do not cause immediate alarm. Source: www.timesofmalta.com
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