Moody's Investors Service Confirms Ratings of Interprombank
OREANDA-NEWS. The international rating agency Moody's Investors Service confirmed INTERPROMBANK's Financial Strength Rating as E+, international Long-term and Short-term Local and Foreign Currency Deposit Ratings as B3 / Not Prime, and National Scale Rating as Baa3.ru. All the ratings have a stable outlook.
The unchanged stable outlook is based on INTERPROMBANK's long-standing relationships with a number of large corporate and individual customers and adequate asset quality.
Moody's research is based on the Bank's 2013 IFRS and RAS as of April 1, 2014.
Annual confirmation of INTERPROMBANK's ratings by the well-established international rating agency reflects its stability and reliability - the most important qualities under the conditions of challenging macroeconomic situation and a slowdown in the Russian economic growth. The return on equity and adequate asset quality enable the Bank to gradually and steadily grow its financial capacity, strengthen its position in the market, maintain its capitalization level and the quality of its loan book.
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