Fitch Placed LOCKO-Bank on Rating Watch Evolving
OREANDA-NEWS. March 11, 2010. LOCKO-Bank’s long-term credit rating was changed from “B” (Negative Outlook) to “B” (RWE) reflecting on the potential upgrade as a result of the upcoming review, reported the press-centre of LOCKO-Bank.
According to Fitch, rating action reflects on the Bank’s ability to survive the major asset quality stress posed by the crisis without emergency capital support from the shareholders or the Russian authorities as well as its improved access to liquidity.
Комментарии