Moody's Confirmed TransCreditBank's Ratings

Moody's confirmed TransCreditBank’s long-term rating for FX deposits at "Ba1", short-term rating at “Not Prime” and financial solvency at “D-“. The “stable” outlook for ratings was also confirmed.

In addition, Moody's confirmed long-term rating of the Bank’s priority obligations at “Ba1". Concurrently, Moody's Interfax Rating Agency confirmed the Bank’s rating by national scale at "Aa1.ru".

The agency stated that confirmation of TransCreditBank’s ratings followed a recent upgrade of outlook from “stable” to “positive” for ratings of TransCreditBank’s major shareholder - JSC RZhD - at "A3", which, in its turn, followed Russia’s sovereign rating upgrade from "Baa1" to "Baa2".

Latest News TransCreditBank ranked high among Russian banks in the first half of 2009 Rossiyskiy Kredit Bank is among the most profitable and efficient banks B&N Bank is included in the "Banks with Significant Loss-Absorption Capacity" group On August 7, 2009 Fitch Ratings confirmed LOCKO-Bank's ratings MBRD in TOP-20 Most Reliable Banks National Rating Agency confirmed credit solvency of MBRD MBRD gets "A+" rating with stable outlook TransCreditBank awarded by Commerzbank AG Alfa-Bank receives Awards for Quality and Dynamic Development in Cashless Settlements Euromoney recognizes Alfa-Bank as Best Bank in Russia for the third year in a row

SB Bank is awarded the STP Excellence Award by Deutsche Bank SB Bank receives this award for the 4th time. This year SB Bank achieved the best result in formatting payments among Russian Banks – STP rate payments reached 99.9% of all SB Bank's commercial payments routed through USD account with Deutsche Bank. [Read...]