Fitch Revises Outlooks on 5 Georgian Banks to Negative; Maintains Stable Outlook on ProCredit
The FINANCIAL -- Fitch Ratings - Moscow - 10 Apr 2020: Fitch Ratings has revised the Outlooks on JSC TBC Bank (TBC, BB-), JSC Bank of Georgia (BOG, BB-), JSC Liberty Bank (LB, B+), JSC Terabank (Tera, B+) and Basisbank (Basis, B+) to Negative from Stable, while affirming their Long-Term Issuer Default Ratings (IDRs). Fitch has also affirmed ProCredit Bank Georgia

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