Bank of Moscow Terminates Agreement with Fitch Ratings
OREANDA-NEWS. The Bank of Moscow informs that on January 13, 2014 it notified the rating agency Fitch Ratings on the termination of an Agreement on assignment and maintenance of international and national ratings.
On December 24, 2013 the service of credit ratings of Standard & Poor's assigned long-term and short-term credit ratings of ВВВ/А-2 to the Bank of Moscow and a ruAAA rating on the national scale. The agency Moody’s Investors Service also assigned ratings to the bank.
Ratings of Standard & Poor’s and Moody’s are sufficient from the point of view of investors’ needs and the bank’s activity as an issuer.
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