26.06.2014 17:23:00

Bank Finance and Credit JSC -- Moody's affirms Bank Finance and Credit's ratings; outlook remains negative for long-term ratings

London, 26 June 2014 -- Moody's Investors Service has today affirmed Bank Finance and Credit's Caa3 long-term global local currency deposit rating, and the Ca long-term global foreign-currency deposit rating with a negative outlook. At the same time, Moody's affirmed Bank Finance and Credit's standalone bank financial strength rating (BFSR) of E, which is now equivalent to a baseline credit assessment (BCA) of caa3 (formerly ca). The rating agency also affirmed the bank's Not-Prime short-term local- and foreign-currency deposit ratings and Caa3.ua National Scale Rating (NSR). The bank's BFSR and the NSR carries no specific outlook.

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