OREANDA-NEWS. Fitch Ratings has affirmed and withdrawn British Arab Commercial Bank's (BACB) ratings.

The withdrawal follows the bank's decision to stop participating in the rating process, which means that Fitch will no longer have sufficient information to maintain the ratings. Prior to withdrawal, BACB's ratings were affirmed.

For the ratings rationale see "Fitch Affirms British Arab Commercial Bank at 'BB'; Outlook Stable" dated 23 January 2015 at www.fitchratings.com.

The rating actions are as follows:

Long-term IDR: affirmed at 'BB' with a Stable Outlook and withdrawn
Short-term IDR: affirmed at 'B' and withdrawn
Viability Rating: affirmed at 'bb' and withdrawn
Support Rating: affirmed at '5' and withdrawn