BPS-Sberbank to Refuse from Usage of Ratings of Moody’s
OREANDA-NEWS. July 08, 2014. Refusal from these services is attributed to the absence of necessity to maintain international ratings of several rating.
At the same time, the Bank highly appreciates professionalism and quality of services provided by Moody’s Investors Service, which BPS-Sberbank could rely upon during multiple years of cooperation.
For reference:
For the first time Moody’s Investors Service assigned credit ratings to BPS-Sberbank on July 16, 2007.
As of the moment of refusal from services, BPS-Sberbank had the following ratings:
Long-term foreign currency deposit rating Caa1
Short-term foreign currency deposit rating NP
Long-term local currency deposit rating B1
Short-term local currency deposit rating NP
Bank financial strength rating E+
Long-term foreign currency deposit rating’s Outlook Negative
Long-term local currency deposit rating’s Outlook Negative
Bank financial strength rating’s Outlook Negative
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