OREANDA-NEWS. June 09, 2011. Moody’s investors Service confirmed LOCKO Bank’s senior unsecured debt rating at B2 with stable outlook, reported the press-centre of LOCKO Bank.

The agency outlined the Bank’s strategic focus on the SME segment, which preserves its growth potential in Russia, good corporate governance and risk management, healthy profitability and adequate capitalization level as well as established relationship with a variety of international financial institutions as major supportive factor.

Moody’s also noted that further substantial strengthening of LOCKO Bank’s market franchise and continued geographic business diversification accompanied by proven good quality of newly issued loans might result in future rating upgrade.