Moody’s Investors Service confirms Credit Standard Bank’s rating
01/10/2010 00:31
Moody’s Investors Service confirms Credit Standard Bank’s rating
01/10/2010 00:31
Tashkent, Uzbekistan (UzDaily.com) -- Moody’s Investors Service announced the results of rating evaluation of open joint stock commercial bank Credit Standard on 27 September 2010.
In the result of analysis, Moody’s confirmed rating of the Credit Standard Bank at the level of B2/NP/B2/NP/E. The outlook on all ratings are stable, the bank said.
The bank was assigned long-term foreign currency deposit rating at the level of B2. Moody’s confirmed the E+ BFSR and B2/Not Prime long-term and short-term local currency deposit ratings.
In December 2009, Moody’s changed rating of Open Joint-Stock Commercial Bank Credit Standard and upgraded long-term foreign currency deposit rating to B2 from B3.
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