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Moody's downgrades Rosenergobank's deposit ratings to Caa2; outlook negative

February 14, 2017 | Cbonds

Moody's Investors Service has today downgraded Rosenergobank's long-term local- and foreign-currency deposit ratings to Caa2 from B3 and assigned negative outlook to these ratings. Concurrently, the bank's baseline credit assessment (BCA) and adjusted BCA were downgraded to caa2 from b3, and its long-term Counterparty Risk Assessment (CR Assessment) was downgraded to Caa1(cr) from B2(cr). Simultaneously, Moody's has affirmed Rosenergobank's Not Prime short-term local-currency and foreign-currency deposit ratings, as well as its short-term CR Assessment of Not Prime(cr).

Company: Rosenergobank

Full company nameCommercial bank "ROSENERGOBANK" (joint-stock company)
Country of riskRussia
Country of registrationRussia
IndustryBanks

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