The agency said: “The rating withdrawal reflects that we have no sufficient and reliant financial information to continue surveillance. We had previously suspended the ratings on Samarkand Bank on June 12, 2013, owing to a lack of satisfactory and timely information.”

“We still believe we do not have enough qualitative and quantitative information to reinstate the ratings and resume appropriate surveillance. The ratings were ‘CCC/C’ before suspension, and the outlook on the long-term rating was stable,” the agency stated.