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Fitch affirms, withdraws rating of MUFG Bank's Jakarta branch

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Fitch affirms, withdraws rating of MUFG Bank's Jakarta branch

Fitch Ratings affirmed and withdrew the rating of MUFG Bank Ltd.'s Jakarta branch.

The rating agency said Sept. 7 that it affirmed the branch's national long-term rating of AAA(idn), with a stable outlook. The rating was simultaneously withdrawn for commercial reasons.

MUFG Bank is a unit of Mitsubishi UFJ Financial Group Inc.