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Fitch affirms, withdraws ratings of Barclays' Taipei branch

Fitch Ratings said July 14 that it affirmed and withdrew theratings of BarclaysPlc's Taipei branch as the branch will close in 2017.

The rating agency affirmed Barclays' Taipei branch's nationallong-term rating of AA+(twn) and national short-term rating of F1+(twn) andsimultaneously withdrew the ratings as the branch is in the process of windingdown its business.