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Moody's upgrades Russian Regional Development Bank's deposit ratings to Ba2 from Ba3

March 01, 2017 | Cbonds

Moody's Investors Service has today upgraded to Ba2 from Ba3 the long-term local and foreign-currency deposit ratings of Russian Regional Development Bank (RRDB). The rating agency has also upgraded the bank's baseline credit assessment (BCA) to b1 from b2, the adjusted BCA to ba2 from ba3 and the long-term Counterparty Risk Assessment (CR Assessment) to Ba1(cr) from Ba2(cr). The short-term local- and foreign-currency deposit ratings of Not-Prime and the short-term CR Assessment of Not-Prime(cr) were affirmed. The overall outlook on RRDB was changed to stable from negative.

Company: RRDB

Full company nameJoint Stock Company "Russian regional development bank"
Country of riskRussia
Country of registrationRussia
IndustryBanks

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