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...
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