OREANDA-NEWS. November 01, 2010. Moody’s Investor Service affirmed the E+ bank financial strength rating and the B2/Not Prime lond-term and short-term local and foreign currency deposit ratings of LOCKO-Bank, reported the press-centre of LOCKO-Bank.

The agency also affirmed LOCKO-Bank’s long-term national scale rating of A3.ru. According to Moody’s LOCKO-Bank’s adequate corporate governance and risk management practices contributed to the bank’s relatively resilient financial fundamentals during the recent financial crisis.

The ratings are also supported by the Bank’s sufficient capitalization, stable liquidity, and consistently growing funding base. The agency believes that the current positive trends it observes could result in higher ratings in the future.