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Upgrade Fitch for Guber Bank

Guber Banca, one of the leading credit servicers in Italy, recently received an upgrade from Fitch Ratings, which updated the report on the bank’s valuations, from ‘RSS2 +’, ‘CSS2 +’, and ‘ABSS2 +’ to ‘RSS1-‘, ‘CSS1-‘, and ‘ABSS1-‘. Guber holds, as servicer, a rather high portfolio of credits to be valorized, with several collateralized credits within the hospitality sector.