Fitch Ratings has placed Arab Tunisian Bank’s (ATB) Long- and Short-term foreign and local currency Issuer Default Ratings (IDR), National Long- and Short-term Ratings and Support Rating (SR) on Rating Watch Negative (RWN).
At the same time, Fitch has placed Arab Tunisian Lease’s (ATL) National Ratings on RWN.
The rating actions follow Fitch’s placement of Arab Bank Plc (AB) on RWN dated 11 July 2013.
Fitch will resolve the RWN within the coming three months.