Fitch

Fitch flags mounting budget pressure on Ukrainian cities
Spending is outpacing revenue across eight Fitch-rated cities. Liquidity has weakened, but the assessment does not predict inevitable default.

Fitch revises Georgia outlook to Positive, affirms BB rating
Georgia keeps its BB rating as reserves and growth strengthen its credit profile. External and foreign-currency vulnerabilities remain.

Fitch: Kazatomprom may use Middle Corridor for uranium exports
Fitch Ratings notes that Kazatomprom considers the Trans-Caspian route as the main alternative to supplies via Russia.

Fitch: SOFAZ Gold Reserves Reach 36% of Portfolio, Fund Assets at $73.5 Billion
Fitch Ratings notes that gold has become the largest component of Azerbaijan's State Oil Fund (SOFAZ) portfolio, reaching 36% of assets. The fund's investment portfolio stood at $73.5 billion at the end of Q1 2026.

Fitch Affirms Kaspi.kz Ratings at BBB-
International rating agency Fitch has affirmed the ratings of Kaspi.kz and Kaspi Bank at BBB- with a stable outlook, noting the unique business model and high capital levels.

Fitch Upgrades ABB Bank's Ratings to BB+
International agency Fitch has upgraded ABB Bank's long-term issuer default rating from BB to BB+, with a stable outlook.