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Moody's Interfax Rating Agency withdraws Mezhtopenergobank's rating (Russia)

May 15, 2009 | "Moody’s"

Moscow, May 15, 2009 -- Moody's Interfax Rating Agency has today withdrawn
Mezhtopenergobank's Ba1.ru National Scale Rating (NSR) for business
reasons. Moscow-based Moody's Interfax is majority-owned by Moody's
Investors Service.

Mezhtopenergobank (MTEB) has no Moody's-rated foreign and/or local
currency debt outstanding.

For further details, please refer to Moody's Withdrawal Policy on

The principal methodologies used in rating this issuer were "Bank
Financial Strength Ratings: Global Methodology" and "Incorporation of
Joint-Default Analysis into Moody's Bank Ratings: A Refined Methodology",
which can be found at www.moodys.com in the Credit Policy & Methodologies
directory, in the Ratings Methodologies subdirectory. Other methodologies
and factors that may have been considered in the process of rating this
issuer can also be found in the Credit Policy & Methodologies directory.

Moody's previous rating action on MTEB was on 28 April 2009 when Moody's
downgraded the bank's NSR to Ba1.ru from Baa3.ru.

Domiciled in Moscow, Russia, MTEB reported total assets of RUB10.1
billion (USD298 million) under Russian Accounting Standards (RAS) as at 1
April 2009.

Company: Mezhtopenergobank

Full company namePJSC «Mezhtopenergobank»
Country of riskRussia
Country of registrationRussia


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