February 6, 2017 / 6:07 PM / a year ago

Fitch Withdraws Russian Banks' National Ratings

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Russian Banks - Rating Action Report here MOSCOW, February 06 (Fitch) Fitch Ratings has affirmed Russian banks' and financial companies' National Ratings and simultaneously withdrawn them. The affirmation of the National Ratings reflects limited changes since the last review. The National Ratings are being withdrawn because Fitch has withdrawn its Russian National-scale ratings in response to a new regulatory framework for credit rating agencies in Russia (see 'Fitch Ratings Withdraws National Scale Ratings in the Russian Federation' dated 23 December 2016 at www.fitchratings.com). The National Ratings of AK BARS Bank and PJSC Asian-Pacific Bank have been withdrawn with Rating Watch Negative. The full list of rating actions is accessible by clicking the link above. Contacts: Primary Analysts Alexander Danilov (Gazprombank, Russian Agricultural Bank, National Clearing Centre, Credit Bank of Moscow, Joint Stock Company Alfa-Bank) Senior Director +7 495 956 2408 Fitch Ratings CIS Ltd 26 Valovaya Street Moscow 115054 Olga Ignatieva (HSBC Bank (RR) LLC) Senior Director +7 495 956 69 06 Fitch Ratings CIS Ltd 26 Valovaya Street Moscow 115054 Dmitri Vasiliev (Sberbank of Russia, Rosevrobank, SDM-Bank PJSC, Sovcombank, CJSC Peresvet Bank, Credit Europe Bank, Joint Stock Company OTP Bank, Orient Express Bank, Tinkoff Bank) Director +7 495 956 5576 Fitch Ratings CIS Limited 26 Valovaya Street, Moscow 115054 Anton Lopatin (UTB, Vnesheconombank, Credit Agricole CIB AO, Banca Intesa, Expobank LLC, Locko-bank, Russian Universal Bank, Bank Rossiysky Capital, GLOBEXBANK, Sviaz-Bank, Bank Saint Petersburg PJSC, Primsotsbank, Novosibirsk Social Commercial Bank Levoberezhny) Director +7 495 956 7096 Fitch Ratings CIS Limited 26 Valovaya Street Moscow 115054 Roman Kornev (APB, Danske Bank (Russia), SEB Bank JSC, Chelindbank, Absolut Bank) Director +7 495 956 70 16 Fitch Ratings CIS Limited 26 Valovaya Street Moscow 115054 Ruslan Bulatov (VEB Leasing) Associate Director +7 495 956 9982 Fitch Ratings CIS Limited 26 Valovaya Street Moscow 115054 Aslan Tavitov (Rosagroleasing, State Transport Leasing Company, Sberbank Leasing, Baltic Leasing JSC, Carcade LLC, Europlan CJSC, Sollers-Finance LLC) Director +44 20 3530 1788 Fitch Ratings Limited 30 North Colonnade London E14 5GN Anna Erachina (JSC Nordea Bank, ING Bank (Eurasia) JSC, Bank Avers, AK BARS Bank) Associate Director +7 495 956 7063 Fitch Ratings CIS Ltd 26 Valovaya Street Moscow 115054 Sergey Popov (Bank of China (RUSSIA), China Construction Bank (Russia) Limited, Joint Stock Company RN Bank, Public Joint-Stock Company MTS Bank, Almazergienbank, Evrofinance Mosnarbank) Associate Director +7 495 956 9981 Fitch Ratings CIS Ltd 26 Valovaya Street Moscow 115054 Maria Kuraeva (Joint-Stock Company Denizbank Moscow) Associate Director +7 495 956 5575 Fitch Ratings CIS Ltd 26 Valovaya Street Moscow 115054 Secondary Analysts Ruslan Bulatov (Vnesheconombank, Rosagroleasing, State Transport Leasing Company, Sberbank Leasing, Baltic Leasing JSC, Carcade LLC, Europlan CJSC Sollers-Finance LLC, Sovcombank, Bank Avers, Absolut Bank, Expobank LLC, AK BARS Bank, GLOBEXBANK, Sviaz-Bank) Associate Director +7 495 956 9982 Ilya Sarzhin (Bank of China (RUSSIA), China Construction Bank (Russia) Limited, JSC Nordea Bank, ING Bank (Eurasia) JSC, PJSC Peresvet Bank, Locko-bank, Joint-Stock Company Denizbank Moscow) Analyst +7 495 956 9983 Maria Kuraeva (APB, Chelindbank, Evrofinance Mosnarbank) Associate Director +7 495 956 5575 Konstantin Alekseenko (UTB, SDM-Bank PJSC, Banca Intesa) Analyst +7 495 956 2401 Alyona Plakhova (Credit Europe Bank, Joint Stock Company OTP Bank, Public Joint-Stock Company MTS Bank, Orient Express Bank, Tinkoff Bank) Associate Director +7 495 956 24 09 Roman Kornev (Gazprombank) Director +7 495 956 7016 Anton Lopatin (Sberbank of Russia, National Clearing Centre, Joint Stock Company Alfa-Bank) Director +7 495 956 70 96 Sergey Popov (Russian Agricultural Bank, Rosevrobank) Associate Director +7 495 956 9981 Dmitri Vasiliev (Credit Bank of Moscow) Director +7 495 956 5576 Aslan Tavitov (VEB Leasing) Director +44 203 530 1788 Anna Erachina (Joint Stock Company RN Bank, Primsotsbank, Novosibirsk Social Commercial Bank Levoberezhny) Associate Director +7 495 956 7063 Artem Beketov (Credit Agricole CIB AO, Danske Bank (Russia), SEB Bank JSC, HSBC Bank (RR) LLC, Bank Saint Petersburg PJSC, Russian Universal Bank, Almazergienbank, Bank Rossiysky Capital) Analyst +7 495 956 9932 Committee Chairperson James Watson Managing Director +7 495 956 66 57 Media Relations: Elaine Bailey, London, Tel: +44 203 530 1153, Email: elaine.bailey@fitchratings.com; Julia Belskaya von Tell, Moscow, Tel: +7 495 956 9908, Email: julia.belskayavontell@fitchratings.com. Additional information is available on www.fitchratings.com. Applicable Criteria Global Bank Rating Criteria (pub. 25 Nov 2016) here Global Non-Bank Financial Institutions Rating Criteria (pub. 15 Jul 2016) here National Scale Ratings Criteria (pub. 30 Oct 2013) here Additional Disclosures Solicitation Status here Endorsement Policy here ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: here. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEB SITE AT WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA, AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE, AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE CODE OF CONDUCT SECTION OF THIS SITE. 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