(The following statement was released by the rating agency)
JAKARTA, May 04 (Fitch) Fitch Ratings Indonesia has affirmed the
National
Long-Term Rating on Indonesia-based PT Bank Mayapada
Internasional Tbk
(Mayapada) at 'A-(idn)' and National Short-Term Rating of
'F1(idn)'. The rating
Outlook is Negative.
'A' National Long-Term Ratings denote expectations of low
default risk relative
to other issuers or obligations in the same country. However,
changes in
circumstances or economic conditio
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