Fitch affirms IMB’s credit rating at BBB+/F2 but lowers the outlook to negative

April 30, 2020

This is some text inside of a div block.

Fitch Ratings (Fitch) has changed the outlook on IMB Bank to negative from stable. IMB’s current long-term issuer rating of BBB+ and short-term issuer rating of F2 remain unchanged.

Today’s action on IMB’s outlook was prompted by the expectation that the coronavirus will have a significant impact on Australian banks’ operating environment which will in turn impact financial performance.

More Market Announcements