London, 21 October 2014 -- Moody's Investors Service has today placed on review for downgrade the B1 long-term local- and foreign-currency deposit and B2 foreign-currency subordinate debt ratings of MTS Bank, OJSC. Concurrently, Moody's affirmed the standalone bank financial strength rating (BFSR) of E+ with stable outlook. However, the bank's BFSR is now equivalent to a baseline credit assessment (BCA) of b3 (formerly b2). MTS Bank's Not Prime short-term local- and foreign-currency deposit ratings were also affirmed.
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