OREANDA-NEWS. February 12, 2009. Management of OJSC “RODOVID BANK” decided to terminate any further co-operation with International Rating Agency Fitch Ratings Ltd.

The decision is stipulated by unstable situation in the international financial markets and Bank’s intention to optimize the relationships with international rating agencies.

OJSC “RODOVID BANK” will continue mutual co-operation with International Rating Agency Moody’s Investors Service within the frame of the agreement and will provide full informational support to the agency.

The Bank has closely worked with Fitch Ratings Ltd. since January 2007.