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Moody's withdraws ratings of Uralvneshtorgbank

January 18, 2007 | Cbonds

Moscow, January 17, 2007 -- Moody's Investors Service has withdrawn the ratings of Uralvneshtorgbank, which has ceased to exist as an independent legal entity following its merger with URSA-Bank (formerly SibAkademBank) at the end of 2006. The following ratings were withdrawn:

- Financial Strength Rating: E+
- Long-term foreign currency deposit rating: B1
- Short-term foreign currency deposit rating: Not Prime
- National scale rating: A1.ru

Uralvneshtorgbank was based in Yekaterinburg, Russia, and reported consolidated total assets of US$679 million under IFRS as at 30 June 2006.

Company: Ural Bank of Foreign Trade

Full company nameUralvneshtorgbank
Country of riskRussia
Country of registrationRussia
IndustryBanks

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