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Ratings On Vneshprombank And Its Debt Lowered To 'D' On Missed Coupon Payment And Introduction of Payment Moratorium

January 15, 2016
Standard & Poor's Ratings Services today lowered its long- and short-term counterparty credit ratings on Russia-based Foreign Economic Industrial Bank (Vneshprombank) to 'D/D' from 'R/R' and the ratings on its senior unsecured debt to 'D' from 'CC'. We also lowered our Russia national scale rating to 'D' from 'R'.
Company — Vneshprombank
  • Full name
    Foreign Economic Industrial Bank
  • Registration country
    Russia
  • Industry
    Banks