15 Jan 2014 17:40

Fitch downgrades VTB Insurance to 'BBB-', withdraws ratings

MOSCOW. Jan 15 (Interfax) - Fitch Ratings has downgraded VTB Insurance's financial strength rating to "BBB-" from "BBB" and withdrawn it, the international rating agency said in a press release.

Similarly, the national scale rating was downgraded to "AA-(rus)" from "AAA(rus)" and withdrawn.