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EMEA ratings roundup, Jan. 17

S&P Global Market Intelligence presents a daily summary of ratings actions on European, Middle Eastern and African financial institutions. This feature excludes previously reported stories.


* S&P Global Ratings affirmed the BBB+/A-2 long- and short-term issuer credit ratings of Clydesdale Bank PLC, the main operating bank of the Virgin Money group, and revised the outlook on the company to positive from stable. The agency also affirmed the BBB-/A-3 long- and short-term issuer credit ratings of the group's non-operating holding company, Virgin Money UK PLC, with a stable outlook.

* Fitch Ratings affirmed the BBB-/F3 long- and short-term issuer default ratings, "bb" viability rating and 2 support rating of Romania-based UniCredit Bank SA, with a negative outlook on the long-term issuer default rating.

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