Business Services Industry

RUSSIA: MOODY'S ASSIGNS B2/NP/E+/BAA1.RU RATINGS TO AGROPROMCREDIT.

IPR Strategic Business Information Database, May, 2008

Moody's Investors Service has today assigned the following global scale ratings to Commercial Bank Agropromcredit (LLC) ("APC"): B2 long-term and Not-Prime (NP) short-term foreign and local currency deposit ratings and an E bank financial strength rating (BFSR). The outlook for all ratings is stable.

At the same time, Moody's Interfax Rating Agency has assigned a Baa1.ru long-term national scale credit rating (NSR) to APC. Moscow-based Moody's Interfax is majority-owned by Moody's, a leading global rating agency. According to Moody's, the B2/NP/E global scale ratings assigned to APC reflect global default and loss expectation, while the Baa1.ru NSR reflects the standing of the bank's credit quality relative to its domestic peers. Moody's notes that the...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement