Fitch Ratings-London/Moscow-21 July 2010: Fitch Ratings has today affirmed and withdrawn Russia-based National Bank TRUST’s (NBT) ratings, including its Long-term Issuer Default Rating (IDR) of 'CCC’.
The agency will no longer provide ratings or analytical coverage of NBT.
The following ratings have been affirmed and withdrawn:
Long-term IDR: affirmed at ‘CCC’; withdrawn
Short-term IDR: affirmed at ‘C’; withdrawn
Individual Rating: affirmed at ‘E’; withdrawn
Support Rating: affirmed at ‘5’, withdrawn
Support Rating Floor: affirmed at ‘No Floor’; withdrawn
For further information on the rating rationale, please see the 13 July 2010 comment “Fitch Downgrades National Bank TRUST to ‘CCC’, Affirms 3 Other Moscow-Based Banks at ‘B-’”, which is available on www.fitchratings.com.