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Moody's withdraws ratings of Spain-based Bankoa

Moody's on Oct. 1 withdrew Spain-based Bankoa SA's Baa1/Prime-2 long- and short-term deposit ratings, citing the agency's own business reasons.

The rating agency also withdrew the bank's "baa3" baseline credit assessment, "baa1" adjusted baseline credit assessment, A3(cr)/Prime-2(cr) long- and short-term counterparty risk assessment and A3/Prime-2 long- and short-term counterparty risk ratings.

Prior to withdrawal, the outlook on the long-term deposit ratings was stable.