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Russia-Based Investtradebank Ratings Affirmed At 'R' Then Withdrawn At Issuer Request

November 25, 2015
Standard & Poor's Ratings Services said today that it affirmed its long- and short-term counterparty credit and national scale ratings on Investtradebank (ITB) at 'R' (regulatory
supervision). We then withdrew the ratings at the issuer's request.

The affirmation signifies that ITB remains under the regulatory supervision of the Deposit Insurance Agency, which is temporarily managing ITB after its capitalization and liquidity metrics had weakened significantly.
Company — Investtorgbank
  • Full name
    Joint-Stock Commercial Bank "Investment Trade Bank" (Open Joint-Stock Company)"
  • Registration country
    Russia
  • Industry
    Banks