Standard & Poors Confirmed SME Bank Credit Rating, Outlook “Stable”
OREANDA-NEWS. December 23, 2011. RA Standard & Poor's has confirmed SME Bank’s current ratings: ВВВ/А-3- for foreign currency and ВВВ+/А-2 - for local currency; outlook “Stable”.
Credit ratings are assigned under the updated methodology that implies more accurate assessments. In particular the banks’ creditworthiness in the event of economic downturn as well as the government’s ability to support banks affected by the crisis.
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