...Parental Support Drives IDRs: The Issuer Default Ratings (IDRs) and Support Rating of Procredit Bank Sh.a. (PCBA) reflect a likelihood of support from its Germany-based shareholder, ProCredit Holding AG & Co. KGaA (PCH; BBB/Stable/bb). Fitch Ratings' review of support considers the strategic importance of south-east Europe to PCH, full ow nership, common branding, strong integration and record of previous support. How ever, the extent to w hich s upport can be factored into PCBA's IDRs is constrained by our assessment of risks relating to Albania. Com pany Profile Drags on VR: PCBA's Viability Rating (VR) of `b-' considers the bank's constrained revenue and internal capital generation capacity, limited franchise and small scale. It also factors in risks steaming from the challenging operating environment that cannot be fully mitigated by the benefits of the prudent risk management framew ork, unique corporate culture and strong corporate governance implemented across the PCH group. Subdued...
