Fitch withdraws ratings for VAB Bank

12 March 2009

Fitch Ratings yesterday simultaneously affirmed and withdrew the ratings of Ukraine’s VAB Bank. It had a long-term Issuer Default Rating of ‘CCC’, negative outlook; short-term IDR of ‘C’, senior unsecured debt rating at ‘CCC/RR4’, individual rating of ‘E’, and support rating of ‘5’.

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