Moody’s affirms ratings of Asaka Bank

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Finance 31/01/2014 Moody’s affirms ratings of Asaka Bank

Moody’s affirms ratings of Asaka Bank

Tashkent, Uzbekistan (UzDaily.com) -- Moody’s Investors Service has affirmed international ratings of the State joint stock commercial bank “Asaka” (Asaka Bank) on 22 January 2014, the Uzbek bank’s press service said.

Moody’s Investors Service affirmed the standalone E+ bank financial strength rating to Asaka Bank (Uzbekistan).

Asaka Bank’s B2 long-term global scale foreign currency deposit rating was also affirmed by the rating agency. The outlook on all of the bank’s ratings is stable.

Moody’s Investors Service affirmed the baseline credit assessment at b2.

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