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EMEA ratings roundup, Sept. 13

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EMEA ratings roundup, Sept. 13

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

EUROPE

* S&P Global Ratings affirmed Portugal's long- and short-term sovereign credit ratings at BBB/A-2 and revised the outlook to positive from stable.

* Moody's withdrew U.K.-based VTB Capital PLC's Ba3/Not Prime long- and short-term issuer ratings, as well as the stable outlook on the company. The outlook on the long-term issuer ratings was stable prior to the ratings withdrawal.

* DBRS confirmed Slovakia's A (high)/R-1 (middle) long- and short-term foreign- and local-currency issuer ratings, with a stable trend on all the ratings.

* S&P Global Ratings affirmed the A+/A-1 issuer credit ratings of Exportno-importná banka Slovenskej republiky, or Export-Import Bank of the Slovak Republic, with a stable outlook.

* Moody's assigned long- and short-term bank deposit ratings of B2/Not Prime to Kazakhstan-based Eurasian Bank JSC, with a stable outlook on the long term rating. The rating agency also assigned the bank baseline and adjusted baseline credit assessments of "b3", long- and short-term counterparty risk assessments of B1(cr)/Not Prime(cr), long- and short-term counterparty risk ratings of B1/Not Prime, and national long-term bank deposit and counterparty risk ratings of Ba1.kz and Baa2.kz, respectively.

* Moody's downgraded State Joint-Stock Commercial Bank Asaka's baseline and adjusted baseline credit assessments to "b3" from "b2." The agency also affirmed the Uzbekistan-based bank's B2/B1 long-term foreign- and local-currency deposit ratings, with a negative outlook, B1(cr)/Not Prime(cr) long- and short-term counterparty risk assessments, B1/Not Prime long- and short-term counterparty risk ratings and Not Prime short-term deposit ratings.

MIDDLE EAST

* Fitch Ratings downgraded the long- and short-term issuer default ratings of Lebanon-based Bank Audi SAL and Byblos Bank SAL to CCC/C from B-/B. Fitch also downgraded the banks' viability ratings to "ccc" from "b-", and affirmed their 5 support ratings and No Floor support rating floors.

* S&P Global Ratings affirmed Jordan's B+/B long- and short-term foreign- and local-currency sovereign credit ratings. The outlook on the country remains stable.

AFRICA

* S&P Global Ratings affirmed Nigeria's B/B long- and short-term sovereign credit ratings, with a stable outlook. The rating agency also affirmed the African country's ngA/ngA-1 long- and short-term Nigeria national scale ratings.

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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.