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Moody's confirms Ba2 deposit ratings of Bank of Moscow; concludes review

June 6, 2016
Moody's Investors Service has today confirmed the Ba2 long-term local and foreign currency deposit ratings of Bank of Moscow as well as the B1 long-term senior subordinated debt rating and affirmed the bank's Not-Prime short-term foreign currency deposit ratings. At the same time, the rating agency has downgraded the bank's baseline credit assessment (BCA) to caa1 from b2. Moody's has also confirmed the bank's LT Counterparty Risk Assessment (CRA) of Ba1(cr) and adjusted BCA of ba2 and affirmed the ST CRA of Not-Prime(cr). The outlook on the long term deposit ratings is negative.
Company — BM-Bank
  • Full name
    BM-Bank (Public Joint Stock Company)
  • Registration country
    Russia
  • Industry
    Banks