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BRIEF-Fitch says Portuguese banks outlook negative as capital is vulnerable
December 22, 2016 / 4:27 PM / 9 months ago

BRIEF-Fitch says Portuguese banks outlook negative as capital is vulnerable

Dec 22 (Reuters) - Fitch:

* Fitch on Portuguese banks says expects GDP growth to slow to 1.2 pct in 2016 and 1.4 pct in 2017

* Fitch says Portuguese banks outlook negative as capital is vulnerable

* Fitch on Portuguese banks says expect some sales of non-core assets to support capital

* Fitch on Portugese banks says believe asset-quality indicators could deteriorate in 2017, as loan deleveraging will persist

* Fitch on Portuguese banks says outlook ratings is stable reflecting capital increases, restructuring, weak but fairly stable asset-quality indicators Source text for Eikon: (Bengaluru Newsroom: +91 806 749 1136)

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