Fitch rates six Russian banks

Fitch Ratings said it assigned six Russian banks' outstanding domestic ruble bonds national long-term ratings.

All of the issues are senior unsecured obligations, and the issue ratings are therefore in each case the same as the national long-term ratings of the banks concerned.

Fitch rates Absolut Bank's 500 million ruble bond due April 2006 at BBB-(rus); Ak Bars Bank's 500 million ruble bond due April 2006 at BBB(rus); OJSC Bank Zenit's 1 billion ruble bond due March 2007 at BBB-(rus); Nomos-Bank's 800 million ruble bond due August 2007 at BBB(rus); Probusinessbank's 800 million ruble bond due December 2005 at BB+(rus); and Rosbank's 3 billion ruble bond due February 2009 at BBB(rus).

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