KIEV, Feb. 12 - Fitch Ratings has affirmed Kiev-based Bank Forum's ratings at Short-term Issuer Default 'B', Individual 'D/E' and Support Rating Floor 'No Floor', the ratings agency said in a statement on Tuesday.
The Long-term IDR of 'B-' (B minus) and Support rating of '5' remain on Rating Watch Positive ("RWP") pending the purchase of a 60%+1 share in Forum by Commerzbank ('A'/'F1'/'B/C'/'1'), the statement says.
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