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S&P affirms ratings of Tatfondbank at D/D and revokes them

March 2, 2017 Prime
Global rating agency Standard & Poor's (S&P) has affirmed the long- and short-term ratings of Tatfondbank at D/D and revoked them on the bank’s request, the agency said in a statement on Thursday.

S&P has also affirmed the national scale rating at D and revoked it as well.

“At the moment of revocation our ratings reflected Tatfondbank’s inability to carry out its obligations in full and on time,” the agency said.
Company — Tatfondbank
  • Full name
    Public Joint Stock Company "Joint stock investment commersial Bank "Tatfondbank" PJSC "Tatfondbank"
  • Registration country
    Russia
  • Industry
    Banks