OREANDA-NEWS. Fitch Ratings has withdrawn the Russian City of Krasnoyarsk's Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'BB' and National Long-term rating of 'AA-(rus)', both with Stable Outlooks, and its Short-term foreign currency IDR of 'B'.

KEY RATING DRIVERS
Fitch has chosen to withdraw the ratings of City of Krasnoyarsk for commercial reasons. As Fitch does not have sufficient information to maintain the ratings, accordingly, the agency has withdrawn the city's ratings without affirmation and will no longer provide ratings or analytical coverage for the City of Krasnoyarsk.