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MOODY'S WITHDRAWS THE RATINGS OF NIKOIL IBG BANK (RUSSIA)

December 2, 2005
Moody's Investors Service has withdrawn the ratings of Nikoil IBG Bank which has ceased to exit as an independent legal entity following the merger with four other banks into OJSC URALSIB announced on October 3, 2005. The following ratings were withdrawn:


Financial Strength Rating: E+

Long-term foreign currency deposit rating: B1

Short-term foreign currency deposit rating: Not-Prime


Nikoil IBG Bank was based in Moscow, Russia, and reported total assets of RUB 41.5 billion (US$1.446 million) as at 30 June 2005.

Company — IBG NIKoil
  • Full name
    Investment Banking Group NIKoil
  • Registration country
    Russia
  • Industry
    Financial institutions