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Moody's withdraws Russia-based Autotorgbank's ratings

Moody's on Oct. 11 withdrew Russian lender Autotorgbank LLC's ratings, citing the agency's own business reasons.

The agency withdrew the Moscow-based bank's B2/Not Prime long- and short-term deposit ratings, "b2" baseline and adjusted baseline credit assessments, B1/Not Prime long- and short-term counterparty risk ratings and B1(cr)/Not Prime(cr) long- and short-term counterparty risk assessments.

The outlook on Autotorgbank's long-term rating was stable at the time of withdrawal, Moody's noted.