August 21, 2008 | Cbonds
| Fitch Ratings has today withdrawn Russia-based Conversbank CJSC’s (Conversbank) ratings of Long-term Issuer Default (IDR) ‘CCC’/Stable Outlook, Short-term IDR ‘C’, Individual ‘D/E’, Support ‘5’, National Long-term ‘B+(rus)’/Stable Outlook and Support Rating Floor ‘No Floor’. |
The rating withdrawal follows the termination of the banking licence of Conversbank following the bank’s merger (together with two other local banks) into Russian Investbank.
|Full company name||Conversbank|
|Country of risk||Russia|