Moody’s Affirms Baa3 Deposit Ratings of Rosbank
OREANDA-NEWS. December 02, 2013. Moody’s Investors Service has today affirmed the Baa3 long-term local- and foreign-currency deposit ratings of Rosbank (Russia), as well as the standalone bank financial strength rating (BFSR) of D, equivalent to a baseline credit assessment (BCA) of ba2.
The bank’s Not Prime short-term local- and foreign-currency deposit ratings, and its Baa3 long-term local-currency senior unsecured debt rating were also affirmed. The outlook on the bank’s BFSR and the long-term ratings is stable.
Moody’s affirmation of Rosbank’s ratings is primarily based on the bank’s audited financial statements for 2012, as well as its unaudited financial statements for the first six months of 2013, prepared under IFRS.