Rating agency Fitch has upgraded CEC Bank's long-term issuer default rating (IDR) from BB to BB+, with a stable outlook, and assigned long-term and short-term deposit ratings of BBB- and F3, respectively. The long-term deposit rating is positioned two notches above the bank's viability rating, reflecting Fitch's assessment of the high level of depositor protection following the revised methodology, according to information provided by the bank. Fitch Ratings has revised the ratings assigned to CEC Bank following the publication of the updated methodology for bank ratings on May 8, 2026.