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Fitch Withdraws Vseukrainsky Aksionerny Bank’s Ratings

March 12, 2009 | "Fitch Ratings"

Fitch Ratings-London/Moscow-11 March 2009: Fitch Ratings has today affirmed Ukraine-based Vseukrainsky Aksionerny Bank's (VAB) ratings and simultaneously withdrawn them. Fitch will no longer provide ratings or analytical coverage on this issuer.

Rating actions:

Long-term IDR: affirmed at 'CCC', Outlook Negative and withdrawn
Senior unsecured debt: affirmed at ‘CCC’/Recovery Rating ‘RR4’ and withdrawn
Short-term IDR: affirmed at 'C' and withdrawn
Individual rating: affirmed at 'E' and withdrawn
Support rating: affirmed at '5' and withdrawn
Support Rating Floor: affirmed at 'No Floor' and withdrawn
National Long-term rating: affirmed at 'BB-(BB minus)(ukr)', Outlook Negative and withdrawn

Company: VAB Bank

Full company namePJSC VAB Bank
Country of riskUkraine
IndustryBanks

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