Fitch Ratings on Dec. 18 affirmed HSH Nordbank AG's BB+/B long- and short-term issuer default ratings and subsequently withdrew them, citing commercial reasons.

The long-term rating carried a stable outlook at the time of withdrawal.

The rating agency also affirmed and withdrew the bank's BBB-/F3 long- and short-term deposit ratings, "bb+" viability rating, 5 support rating and No Floor support rating floor, among others.