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S&P: B&N Bank 'B-/C' Ratings Affirmed On Extension Of Bonds' Tenor; Outlook Still Negative

June 23, 2016

S&P Global Ratings said today that it has affirmed its 'B-/C' long- and short-term counterparty credit ratings on Russia-based B&N Bank PJSC. The outlook is negative.

At the same time, S&P affirmed our 'ruBBB-' Russia national scale rating on the bank.

Company — BINBank (doesn't exist)