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14.08.2011

Moody's has confirmed Svyaznoy Bank's ratings at the level of B3/NP/E+ stable

  • The financial stability rating of Svyaznoy Bank determined by the international rating agency Moody's Investors Service was confirmed at the level of Е+. The long-term and short-term ratings of bank deposits in the national and foreign currency (B3/NP) also remain unchanged. The forecast of changes in the bank stability ratings is also stable.

    According to Muratkhan Eldarov, Financial Director of Svyaznoy Bank, "Investors' and customers' attention is currently compelled to publishing reliability ratings of the financial sector's companies, since everybody is waiting for confirmation of banks' stability in the existing market situation. Therefore, confirmation of Svyaznoy Bank's rating by Moody’s is an important event for us. It shows that we could find an optimal equilibrium between investments in the dynamic development of business and maintaining liquidity indicators sufficient for observation of all the limits".