February 18, 2016 | Cbonds
|Standard & Poor's Ratings Services today lowered its foreign and local currency long-term issuer credit ratings on SME Bank to 'BB-' from 'BB+' and 'BBB-', respectively. The outlook is negative. We also affirmed the 'B' foreign currency short-term rating on the bank and lowered the local currency short-term rating to 'B' from 'A-3'.|
At the same time, Standard & Poor's lowered our rating on its senior unsecured notes to 'BB-' from 'BBB-'.
Company: SMP Bank
|Full company name||SMP Bank|
|Country of risk||Russia|
|Country of registration||Russia|