OREANDA-NEWS. October 07, 2010. Moody's Investors Service international rating agency announced the results of rating assessment of Kredit-Standart Bank open joint-stock commercial bank.

On results of the analysis, the agency confirmed earlier assigned KSB's ratings including long term rating at level B2, short term rating for deposits in national currency – Not Prime (NP) and financial reliability rating at E+, rating of deposits in foreign currency at B2/NP. In the long-range outlook, all ratings were assessed as "stable".

Thus, KSB's ratings by leading international rating agency evidence the stable bank's position and gives reasons to believe the bank will strengthen its position in the insurance market of Uzbekistan in the future.

Moody's Investors Service was established in 1900 and is one of the most respected and widely used sources of credit ratings, analytical research and risk assessment information. The agency publishes its opinions on solvency, analytical materials and comments on specific transactions. This information is used by over 3,000 companies and 20,000 subscribers all over the world.