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Published on 9/13/2010 in the Prospect News Emerging Markets Daily.

Fitch: Nomos Bank unchanged

Fitch Ratings said that Nomos Bank's planned acquisition of a 52% stake in Bank of Khanty Mansiysk is unlikely to impact Nomos's BB- ratings.

The outlook is stable.

The acquisition will not sufficiently impact Nomos's credit profile to warrant either an upgrade or downgrade of the bank's ratings, the agency said

Fitch said it plans to undertake a full review of the planned acquisition and its potential impact on the bank's credit profile when additional data becomes available.


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