Standard & Poor’s withdraws ratings of Amirbank

27/05/2014 | Finance

Tashkent, Uzbekistan (UzDaily.com) -- Standard & Poor’s Ratings Services said today that it had withdrawn its long- and short-term corporate credit ratings on Uzbekistan-based Amirbank, which the agency had previously suspended.

“We have withdrawn the ratings because we have not received sufficient and reliable information to continue surveillance and reinstate the ratings. We suspended the ratings on Amirbank Bank on April 9, 2014, due to the lack of satisfactory and timely information,” the service said.

“When we suspended them, the ratings on Amirbank were ‘CCC/C’, and the outlook was stable,” Standard & Poor’s added.

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