Fitch withdraws national ratings from Russian banks, firms

MOSCOW, Feb 7 (PRIME) -- International rating agency Fitch Ratings has withdrawn national ratings from a wide number of Russian banks, financial and non-financial companies, Fitch said late Monday.

The national ratings are being withdrawn because Fitch has withdrawn its Russian National-scale ratings in December 2016 in response to a new regulatory framework for credit rating agencies in Russia, it said.

The list of banks and financial companies which lost their national ratings includes Sberbank, Sberbank Leasing, Vnesheconombank, Gazprombank, Russian Agricultural Bank, VEB Finance, Sviaz-Bank, Alfa-Bank, MTS Bank, Baltic Leasing, Bank Avers, Bank Rossiysky Capital, Bank Saint Petersburg, Primsotsbank, Absolut Bank, the Credit Bank of Moscow, State Transport Leasing Company, Uraltransbank, Novosibirsk Social Commercial Bank Levoberezhny, Tinkoff Bank, Russian Universal Bank, Globexbank, Evrofinance Mosnarbank, Banca Intesa, OTP Bank, Expobank, Credit Europe Bank, AK BARS Bank, Peresvet Bank, Nordea Bank, ING Bank (Eurasia), Sollers-Finance, National Clearing Center, VEB-Leasing, Rosevrobank, Europlan, Locko-Bank, Denizbank, , Rosagroleasing, Bank of China (Russia), Sovcombank, and some others.

The list of non-financial companies comprises over 40 firms, including Aeroflot, Miratorg, Metalloinvest, Atomenergoprom, Enel Russia, Globaltrans, Inter RAO, EuroChem, MegaFon, MMK, MOESK, MTS, NLMK, Novatek, WGC-2, O’Key, Gazprom, Synergy, Gazprom Neft, PhosAgro, Rostelecom, RusHydro, Sistema, Sukhoi, TransContainer, Lenta, Mosenergo, Russian Helicopters, Severstal and others.

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