London - Moody's downgrades Uniastrum Bank's long-term ratings to Caa1, outlook negative
October 23, 2012 Moody's Investors Service
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London, 23 October 2012 -- Moody's Investors Service has today downgraded the bank deposit ratings of Uniastrum Bank to Caa1 from B2. Uniastrum Bank's standalone bank financial strength rating (BFSR) was downgraded to E mapping to standalone credit assessment caa1 from E+/b2. All the aforementioned ratings carry a negative outlook. Moody's assessment is primarily based on Uniastrum's 2012 monthly accounting statements prepared under local statutory accounting rules (Russian Accounting Standards or RAS), as well as its audited financial statements for 2011 prepared under IFRS. |
Company — Uniastrum bank
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Full nameCOMMERCIAL BANK "UNIASTRUM BANK" (LIMITED LIABILITY COMPANY)
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Registration countryRussia
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IndustryBanks
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