International credit rating agency Moody's Investors Service ("Moody's") made decision regarding the ratings of "Bank Respublika" OJSC

International credit rating agency Moody's Investors Service ("Moody's") made decision regarding the ratings of "Bank Respublika" OJSC

"Moody's" raised the long-term rating of "Bank Respublika" OJSC on bank deposits in local and foreign currency from "B3" to "B2" and changed the forecast for this rating from "positive" to "stable". At the same time, Moody's raised the rating of Bank Respublika's credit solvency from "b3" to "b2" on the Baseline Credit Assessments.