Stay up to date with the latest news
Subscribe to our telegram channel
Finance
07/09/2009
Credit Standard Bank holds meeting with Moody’s Investors Service analysts
Credit Standard Bank holds meeting with Moody’s Investors Service analysts
Tashkent, Uzbekistan (UzDaily.com) --
Open joint-stock commercial bank Credit Standard held a working meeting with representatives of Moody’s Investors Service, the Uzbek bank said on Monday, 7 September 2009. Credit Standard Bank is client of Moody’s Investors Service.
In October 2008, Moody’s Investors Service has assigned first-time B2 long-term and Not Prime short-term local currency deposit ratings and an E+ Bank Financial Strength Rating (BFSR) to Credit-Standard Bank. The outlook on all the ratings is stable.
The E+ BFSR reflects Credit Standard Bank’s relatively strong for Uzbek banks corporate governance and risk management standards and sound financial fundamentals to date.
The working meeting was aimed at analyzing and monitoring of the bank within the existing agreement between two sides. Moody’s Investors Service is planning to update rating of Credit Standard Bank in October 2009.
LATEST NEWS