Today, Fitch Ratings affirmed the long-term Issuer Default ratings ( “RDE”) of five Russian banks in foreign ownership, at the level of “BBB” from “negative” outlook and downgraded the ratings of individual banks. Individual ratings Rosbank, ZAO Raiffeisenbank ZAO YuniKreditBank and demoted from the “C /D” to “D”, and individual ratings of Absolut Bank ORGRESBANKa - with “D” to “D /E”.
These rating actions:
Absolut Bank The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;priority unsecured debt: affirmed at rating “BBB”;The short-term RDE in foreign currency affirmed at “F2″;Individual rating downgraded to the level of “D” to “D /E”;Support Rating affirmed at “2″;National long-term rating affirmed at “AAA (rus)”, forecast “Stable”.
ORGRESBANK The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;The short-term RDE in foreign currency affirmed at “F2″;Individual rating downgraded to the level of “D” to “D /E”;Support Rating affirmed at “2″;National long-term rating affirmed at “AAA (rus)”, forecast “Stable”.
Rosbank The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;priority unsecured debt: affirmed at rating “BBB”, the short-term rating affirmed at “F2″;The short-term RDE in foreign currency affirmed at “F2″;Individual rating downgraded to “C /D” to “D”;Support Rating affirmed at “2″;National long-term rating affirmed at “AAA (rus)”, forecast “Stable”.
ZAO Raiffeisenbank The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;priority unsecured debt: affirmed at rating “BBB”, the short-term rating affirmed at “F2″;The short-term RDE in foreign currency affirmed at “F2″;Individual rating downgraded to “C /D” to “D”;Support Rating affirmed at “2″;National long-term rating affirmed at “AAA (rus)”, forecast “Stable”.
JSC YuniKreditBank The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;The long-term RDE in the national currency affirmed at “BBB”, the forecast “negative”;The short-term RDE in foreign currency affirmed at “F2″;The short-term RDE in the national currency affirmed at “F2″;Individual rating downgraded to “C /D” to “D”;Support affirmed at 2.
FOREX Forecast » Fitch has confirmed the RDE 5 banks in the "BBB" and downgraded its Individual rating
Today, Fitch Ratings affirmed the long-term Issuer Default ratings ( “RDE”) of five Russian banks in foreign ownership, at the level of “BBB” from “negative” outlook and downgraded the ratings of individual banks. Individual ratings Rosbank, ZAO Raiffeisenbank ZAO YuniKreditBank and demoted from the “C /D” to “D”, and individual ratings of Absolut Bank ORGRESBANKa - with “D” to “D /E”.
These rating actions:
Absolut Bank The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;priority unsecured debt: affirmed at rating “BBB”;The short-term RDE in foreign currency affirmed at “F2″;Individual rating downgraded to the level of “D” to “D /E”;Support Rating affirmed at “2″;National long-term rating affirmed at “AAA (rus)”, forecast “Stable”.
ORGRESBANK The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;The short-term RDE in foreign currency affirmed at “F2″;Individual rating downgraded to the level of “D” to “D /E”;Support Rating affirmed at “2″;National long-term rating affirmed at “AAA (rus)”, forecast “Stable”.
Rosbank The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;priority unsecured debt: affirmed at rating “BBB”, the short-term rating affirmed at “F2″;The short-term RDE in foreign currency affirmed at “F2″;Individual rating downgraded to “C /D” to “D”;Support Rating affirmed at “2″;National long-term rating affirmed at “AAA (rus)”, forecast “Stable”.
ZAO Raiffeisenbank The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;priority unsecured debt: affirmed at rating “BBB”, the short-term rating affirmed at “F2″;The short-term RDE in foreign currency affirmed at “F2″;Individual rating downgraded to “C /D” to “D”;Support Rating affirmed at “2″;National long-term rating affirmed at “AAA (rus)”, forecast “Stable”.
JSC YuniKreditBank The long-term RDE in foreign currency affirmed at “BBB”, the forecast “negative”;The long-term RDE in the national currency affirmed at “BBB”, the forecast “negative”;The short-term RDE in foreign currency affirmed at “F2″;The short-term RDE in the national currency affirmed at “F2″;Individual rating downgraded to “C /D” to “D”;Support affirmed at 2.