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EMEA ratings roundup, Aug. 29

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EMEA ratings roundup, Aug. 29

S&P Global Market Intelligence presents a daily summary of ratings actions on European, Middle Eastern and African financial institutions and economies.

EUROPE

* Moody's assigned German payment solution provider Wirecard AG a first-time long-term issuer rating of Baa3, with a stable outlook.

* Fitch Ratings upgraded the long-term foreign-currency issuer default rating of PJSC Moscow Exchange MICEX-RTS unit Central Counterparty National Clearing Centre to BBB from BBB- and its short-term issuer default rating to F2 from F3. The Russian company's support rating floor was revised upward to BBB from BBB-. The agency also affirmed the company's BBB long-term local-currency issuer default ratings, "bbb" viability rating and 2 support rating.

* Fitch upgraded Russia-based CB LOCKO-Bank JSC's long-term issuer default and senior unsecured debt ratings to BB- from B+, along with its viability rating to "bb-" from "b+". The bank's B short-term issuer default rating, 5 support rating and No Floor support rating floor were affirmed. The agency also affirmed the long- and short-term issuer default ratings of local peers PJSC MTS Bank and Credit Europe Bank Ltd. at BB-/B, as well as those of Banca Intesa JSC at BBB-/F3, among other ratings.

* Fitch affirmed Belgium-based Euroclear Bank SA/NV's AA+/F1+ long- and short-term issuer default ratings, "aa+" viability rating, 5 support rating, No Floor support rating floor and F1+ short-term senior unsecured rating. The agency also affirmed the AA/F1+ long- and short-term issuer default ratings of Luxembourg-based Clearstream Banking SA and Euroclear Investments SA/NV. Clearstream Banking's "aa" viability rating, 1 support rating and F1+ short-term senior unsecured rating were affirmed, as was Euroclear Investments' AA long-term senior unsecured rating.

* Fitch affirmed the AA(tur) national long-term rating of Turkey-based TEB Tüketici Finansman AŞ, with a stable outlook. The agency said the BNP Paribas SA unit's international ratings are unaffected.

* S&P Global Ratings affirmed KfW's AAA/A-1+ long-and short-term issuer credit ratings, with a stable outlook. The agency also affirmed the AAA/A-1+ long- and short-term issue ratings on the German development bank's unsecured debt.

MIDDLE EAST

* Fitch affirmed Israel's long- and short-term foreign- and local-currency issuer default ratings at A+/F1+ and its country ceiling at AA. The outlooks on the long-term ratings are stable. The agency also affirmed the country's long-term senior unsecured foreign- and local-currency bonds at A+.

* Capital Intelligence Ratings affirmed the long- and short-term foreign-currency ratings of National Bank of Fujairah PJSC at A-/A2 and assigned it a bank stand-alone rating of "bbb." The outlooks on the long-term foreign-currency and bank stand-alone ratings are stable.

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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.