OREANDA-NEWS. Fitch Ratings has today affirmed Russia-based MDM Bank's and its ultimate parent, MDM Holding GmbH's, ratings as detailed below:

MDM Bank:Issuer Default rating ("IDR") and foreign currency senior unsecured debt: affirmed at 'BB-' (BB minus); IDR Outlook Positive.

Subordinated debt: affirmed at 'B+'. National Long-term rating and RUB senior unsecured debt: affirmed at 'A+(rus)'; Long-term rating Outlook Positive. Short-term rating affirmed at 'B'.

Individual rating: affirmed at 'C/D'. Support rating: affirmed at '4'.