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EMEA ratings roundup, Sept. 4

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EMEA ratings roundup, Sept. 4

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

EUROPE

* Fitch Ratings affirmed Germany-based Standard Chartered Bank AG's A/F1 long- and short-term issuer default ratings, 1 support rating and A(dcr) derivative counterparty rating. The outlook on the long-term rating is stable.

* S&P Global Ratings assigned French payments company Worldline SA a BBB issuer credit rating with a stable outlook.

* Fitch affirmed French development finance agency Agence Française de Développement's AA/F1+ long- and short-term issuer default and senior unsecured ratings. The outlook on the long-term issuer default rating is stable.

* S&P Global Ratings affirmed Liechtenstein-Based LGT Bank AG's A+/A-1 long- and short-term issuer credit ratings, with a positive outlook on the long-term rating. The rating agency also affirmed the bank's AA-/A-1+ resolution counterparty ratings.

* Fitch upgraded Russia-based JSC Bank DOM.RF's long-term foreign- and local-currency issuer default and senior unsecured debt ratings to BB from BB- and maintained the ratings on Rating Watch Positive. Fitch revised the Russian lender's support rating floor to BB from No Floor and subsequently withdrew the rating. The bank's short-term issuer default rating and support rating were affirmed at B and 3, respectively.

* Fitch upgraded AO Svyazinvestneftekhim's long-term foreign- and local-currency issuer default ratings to BBB- from BB+, with the outlook on the ratings revised to stable from positive. The company's short-term foreign-currency issuer default rating was upgraded to F3 from B. In addition, Fitch upgraded LLC Sinek-Finance's long-term senior unsecured debt rating to BBB- from BB+.

* Moody's extended its review for downgrade of Polish lender Getin Noble Bank SA's Caa1 long-term local- and foreign-currency deposit ratings, B2 long-term local- and foreign-currency counterparty risk ratings and B2(cr) long-term counterparty risk assessment.

AFRICA

* Capital Intelligence Ratings affirmed Banque Marocaine pour le Commerce et l'Industrie's BBB-/A3 long- and short-term foreign-currency ratings. The agency also assigned the Moroccan lender a "bb" bank stand-alone rating. The outlook on the long-term rating and bank stand-alone rating is 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.