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Moody's upgrades Pervobank's deposit ratings to B2; outlook positive

November 26, 2015
Moody's Investors Service (Moody's) today upgraded Pervobank JSC's long-term local- and foreign-currency deposit ratings to B2 from B3, as well as the bank's Counterparty Risk Assessment to B1(cr) from B2(cr) and the adjusted BCA to b2 from b3. Concurrently, the rating agency affirmed the bank's Baseline Credit Assessment (BCA) of b3, short-term local- and foreign-currency deposit rating of Not-Prime and the Counterparty Risk Assessment of Not-Prime(cr). The outlook for all long-term global scale deposit ratings has been changed to positive from negative.
  • Full name
    JSC Pervobank
  • Registration country
    Russia
  • Industry
    Banks