NEW YORK--(BUSINESS WIRE)--Fitch Ratings has withdrawn all of Banco de Venezuela's (BdV) ratings at their current levels and Outlooks. Fitch will no longer provide analytical coverage of Banco de Venezuela as of today. The entity has no outstanding capital market debt.
Fitch has withdrawn the following ratings:
--Foreign currency Issuer Default Rating (IDR) 'B+'; Outlook Negative;
--Local currency IDR 'B+'; Outlook Negative;
--Short-term foreign currency IDR 'B';
--Short-term local currency IDR 'B';
--Viability rating 'b+';
--Support rating '4';
--Support rating floor 'B+';
--National long-term rating 'AAA(ven)';
--National short-term rating 'F1+(ven)'.
Additional information is available at 'www.fitchratings.com' and 'www.fitchvenezuela.com'. The issuer did not participate in the rating process, or provide additional information, beyond the issuer's available public disclosure.
Applicable Criteria and Related Research:
--'Global Financial Institutions Rating Criteria' (Aug. 15, 2012);
--'National Ratings Criteria' (Jan. 19, 2011).
Applicable Criteria and Related Research:
Global Financial Institutions Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=686181
National Ratings Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=595885
Additional Disclosure
Solicitation Status
http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=798197
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