OREANDA-NEWS. Fitch Ratings has withdrawn Novikombank's (Novikom) ratings, including the 'B-' Long-Term Foreign Currency Issuer Default Rating (IDR), which remained on Rating Watch Negative (RWN) upon withdrawal. At the same time, Novikom's Viability Rating (VR) has also been downgraded to 'f' from 'b-', prior to withdrawal.

Fitch has chosen to withdraw the ratings of Novikom for commercial reasons.