OREANDA-NEWS. September 21, 2011. International rating agency Moody’s Investors Service has upgraded the long-term deposit ratings of Orient Express Bank to B1 from B2, reported the press-centre of Express Bank.

The standalone E+ bank financial strength rating and Not Prime short-term bank deposit ratings were affirmed. All long term ratings carry out a stable outlook.

Corporate Profile
Full name: Open Joint-Stock Company "Orient Express Bank"

Registration date: May 12, 1991

General License of the Bank of Russia #1460 of June 09, 2009

Rating: B2/NP/E+; Outlook: Stable (Moody's Investor Services)

Business Activities
The Bank offers wide range of products and services. Being among the leaders in Russia in retail loans Orient Express Bank proposes diversified credit programs for express credits, special purpose, auto and mortgage loans. Bank is also well known for its credit card activity in its home region. To diversify its funds the Bank offers very attractive rates for bank deposits in Roubles and other currencies for its customers. Currency exchange transactions are the priority direction of Orient Express Bank's business.

Fast growing Chinese economy is also one of its main business targets. On this direction we offer full range of business decisions for our clients. Bank has 6 correspondent accounts in China for immediate transactions on this popular route and many first-class banks among our European correspondents such as: Raiffeisen Bank, Commerzbank, Credit Suisse, VTB Deutschland, Agricultural Bank of China, Industrial and Commercial Bank of China, Bank of China, Deutsche Bank AG, Deutsche Bank Trust Company Americas, NY, USA.