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Fitch withdraws Westdeutsche Immobilienbank's ratings

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Fitch withdraws Westdeutsche Immobilienbank's ratings

Fitch Ratings on June 7 affirmed Westdeutsche ImmobilienBank AG's long- and short-term issuer default ratings at BBB+/F2 and support rating at 2 and subsequently withdrew the ratings for commercial reasons.

The long-term rating had a stable outlook. The issuer default ratings were equalized with those of parent Aareal Bank AG and reflected the rating agency's expectation that institutional support to Westdeutsche ImmobilienBank from Aareal Bank will remain strong.