KIEV, Sept. 19 - Fitch Ratings has placed Bank Forum's Long-term foreign currency Issuer Default rating (IDR) of 'B-' (B minus) and Support rating of '5' on Rating Watch Positive (RWP).
This follows the Tuesday announcement that Commerzbank (‘A’/’F1’/’B/C’/’1’) has agreed to purchase a 60%+1 share in Forum. Forum's other ratings are affirmed at Short-term IDR 'B' and Individual 'D/E'.
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