New Rating of TransCreditBank
OREANDA-NEWS. On May 04, 2007 International Rating Agency Moody's Investors Service published new ratings of Russian banks which have been upgraded as a result of methodologies changes, reported the press-centre of TransCreditBank.
Bank financial strength rating (BFSR) of TransCreditBank is upgraded to D- from E+, the outlook on the BFSR is stable. The Foreign Currency Long Term and Short Term Deposit Ratings assigned to the Bank in May 2006 are unchanged at Ba3, outlook remains on review for possible upgrade.
JSC TransCreditBank (www.tcb.ru) established in November 1992, being a basic Bank and strategic partner of JSC RZhD performing banking services to Russian Railways, enterprises and organizations of Railway industry and also its partner companies and counterparties.
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