Fitch Ratings has assigned CrediaBank a ‘BB’ rating with a positive outlook, citing improvements in profitability, asset portfolio cleanup, and strengthened capital adequacy. The upgrade recognizes CrediaBank’s positive trajectory and strategic advancements. The ratings agency forecasts a substantial increase in operational profitability by 2028. A key driver for this positive assessment and potential future upgrades is the acquisition of HSBC Malta. This acquisition is expected to significantly contribute to CrediaBank's financial strength and market position. Fitch anticipates this will bolster CrediaBank's ability to navigate future economic challenges and deliver sustainable returns for stakeholders, particularly within Malta.