Moody's Confirms International Ratings of First Czech-Russian Bank
OREANDA-NEWS. April 04, 2014. Moody's Investors Service agency once again confirmed international ratings of FIRST CZECH-RUSSIAN BANK:
long-term and short-term national and foreign currency deposit rating at B3 and Not Prime level;
bank financial strength rating (BFSR) at E+ level
the Bank’s national scale long-term credit rating of Baa3.ru.
Long-term deposit rating and BFSR forecast is Stable.
According to the Agency’s assessment, the FCRB’s international rating reflects its stable financial position, large client base, dynamics of development, and a strategy aimed at increasing business volumes in servicing small-and medium-sized enterprises, retail customers in Russia and the Czech Republic.
According to the methodology of Moody's and Moody's Interfax Rating Agency, the B3 international scale rating reflects qualitative characteristics of the Bank’s credit solvency in comparison with international issuers.
For posting on the website in the Ratings topic
On March 18, 2014 the Moody's Investors Service international rating agency confirmed international ratings of FIRST CZECH-RUSSIAN BANK on long-term and short-term national and foreign currency deposits at B3 and Not Prime level; bank financial strength rating (BFSR) at E+ level, as well as the Bank’s national scale long-term credit rating of Baa3.ru. Long-term deposit rating and BFSR forecast is Stable.
In 2007, FCRB, LLC was initially assigned with the Moody's Investors Service international ratings. Over the past 7 years Moody's Investors Service has been annually confirming the international ratings of FIRST CZECH-RUSSIAN BANK.
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