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EMEA ratings roundup, Dec. 6

S&P Global Market Intelligence presents a daily summary of ratings actions on European, Middle Eastern and African financial institutions. This feature excludes previously reported stories.


* Moody's confirmed Austria-based Addiko Bank AG's Ba3/Not Prime long- and short-term bank deposits rating, with the outlook on the long-term rating revised to stable from ratings under review. The rating agency also confirmed the bank's Ba3/Not Prime long- and short-term counterparty risk ratings and Ba2(cr)/Not Prime(cr) counterparty risk assessments.

* Fitch Ratings placed Russia-based Carcade LLC's B+ long-term foreign- and local-currency issuer default ratings on rating watch positive after an announcement that Gazprombank OJSC is looking to acquire it.

* Fitch assigned to Kazakhstan-based Industrial & Commercial Bank of China (Almaty) JSC BBB+/F2 long- and short-term foreign- and local-currency issuer default ratings, with stable outlooks on the long-term ratings. The rating agency also assigned the bank an AAA(kaz) national long-term rating and a 2 support rating.

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This S&P Global Market Intelligence news article may contain information about credit ratings issued by S&P Global Ratings. Descriptions in this news article were not prepared by S&P Global Ratings.