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Published on 9/19/2008 in the Prospect News Emerging Markets Daily.

Fitch rates RosEvroBank B

Fitch Ratings said it assigned RosEvroBank a long-term issuer default rating of B, short-term issuer default rating of B and national long-term rating of BBB-(rus).

The outlook is stable.

The ratings reflect the bank's limited, albeit growing, franchise, concentrated balance sheet and vulnerable liquidity, Fitch said.

They reflect its good reported asset quality to date and currently reasonable capitalization, the agency said.


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