Fitch Affirms Swedbank (Ukraine) and Withdraws Ratings

Fitch Ratings-London/Moscow - 07 August 2009: Fitch Ratings has today affirmed the ratings of Ukraine-based PJSC Swedbank, including its Long-term foreign currency Issuer Default rating of 'B' with a Negative Outlook. At the same time, the agency has withdrawn all the bank's ratings and Fitch will no longer provide rating or analytical coverage of PJSC Swedbank. A full list of rating actions is as follows: --Long-term foreign currency IDR: affirmed at 'B', Outlook Negative; withdrawn --Long-term local currency IDR: affirmed at 'B+, Outlook Negative; withdrawn --Short-term IDR: affirmed at 'B'; withdrawn --Support rating: affirmed at '4'; withdrawn --Individual rating: affirmed at 'E'; withdrawn --National Long-term rating: affirmed at 'AAA(ukr)'; Outlook Stable; withdrawn

• Full name
  Public Joint Stock Commercial Bank "Omega Bank"
• Industry
  Banks