ArmInfo. The spread of coronavirus and falling oil prices adversely affect banks. Russia and neighboring countries and may lead to a decrease in their ratings, according to a comment by Fitch.
According to RBC, the rating agency changed its forecast for the banking sector in Russia from "stable" to "negative". The outlook for banks in Ukraine, Kazakhstan, Belarus, Georgia, Armenia and Azerbaijan has also deteriorated to "negative", the agency has maintained stable expectations only for banks in Uzbekistan.
, Fitch notes. The likelihood of negative rating actions, in particular, will depend on the support of banks by the state or shareholders.
