February 27, 2018 / 11:00 AM / in 4 months

BRIEF-‍Fitch: Failure Of Latvia's Third-Largest Bank "Does Not Appear To Jeopardise" Country's Sovereign Credit Fundamentals​

Feb 27 (Reuters) - Fitch:‍

* FITCH SAYS FAILURE OF LATVIA’S THIRD-LARGEST BANK “DOES NOT APPEAR TO JEOPARDISE” COUNTRY’S SOVEREIGN CREDIT FUNDAMENTALS​

* ‍FITCH SAYS EARLY SIGNS OF THE BANK FALLOUT ARE THAT DEPOSIT FLIGHT HAS NOT SPREAD TO OTHER BANKS OF LATVIA​

* ‍FITCH SAYS IT DOES NOT EXPECT ABLV’S FAILURE TO AFFECT GOVERNMENT FINANCES MATERIALLY​ Source text for Eikon: (Bengaluru Newsroom: +1 646 223 8780)

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