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Standard & Poor's: Russia-Based JSC Sumitomo Mitsui Rus Bank Ratings Affirmed At 'BB+/B' And Then Withdrawn At The Company's Request

April 5, 2016

Standard & Poor's Ratings Services said today that it affirmed its 'BB+/B' long- and short-term counterparty credit ratings and 'ruAA+' Russia national scale rating on Russia-based JSC Sumitomo Mitsui Rus Bank.

We subsequently withdrew our ratings on JSC Sumitomo Mitsui Rus Bank at the bank's request.

Company — Sumitomo Mitsui Rus Bank (SMBC)