06 июля 200911:01
Moody's expects further pressure on Absolut Bank
The international rating agency has recently changed AKB Absolut Bank’s D- financial stability rating’s Outlook from Stable to Negative. At the same time, the bank’s national and foreign currencies deposit rating and the Baa3/Prime-3 foreign currency debt rating’s Negative Outlooks were confirmed. So was the bank’s Aaa.ru long-term national scale rating. ‘These rating actions have to do with Moody’s concern over the potential impact Russia’s long-term economic downfall might have on Absolut Bank’s asset quality and financial development indicators, which, in its turn, will probably exert most