“Fitch Ratings” alters the assigned ratings of AS “Latvijas Krājbanka”


Fitch Ratings today has downgraded AS “Latvijas Krajbanka” Long-term Issuer
Default (IDR) to 'B' from 'B+' and Individual rating to 'D/E' from 'D'. AS
“Latvijas Krājbanka” Short-term IDR is affirmed at 'B' and Support rating is
affirmed at '4'. The Outlook for the Long-term IDR remains Stable.