
Moodys Investors Service today upgraded the long- and short-term local and foreign currency deposit ratings ofJSC Rosbank («Rosbank») toBaa3/Prime-3 (positive outlook) from Ba2/Not Prime (stable outlook). Moodys also upgraded the foreign currency debt ratings assigned tothe debt issuance programme ofRosbank FinanceS.A. toBaa3/Prime-3 (positive outlook) from Ba2/Not Prime (stable outlook). Rosbanks Bank Financial Strength Rating («BFSR») ofD was affirmed with stable outlook. Concurrently, Moodys Interfax Rating Agency upgraded Rosbanks long-term national scale rating toAaa.rufrom Aa2.ru. Moscow-based Moodys Interfax ismajority-owned byMoodys, aleading global rating agency.
The following ratings were upgraded:
- Long-term and short-term ratings ofthe US$750 million Guaranteed Debt Issuance Programme ofRosbank FinanceS.A. (Luxembourg) unconditionally and irrevocably guaranteed byRosbank toBaa3/Prime-3 (positive outlook) from Ba2/Not Prime
- Long-term and short-term local and foreign currency deposit ratings ofRosbank toBaa3/Prime-3 (positive outlook) from Ba2/Not Prime
- National Scale Rating toAaa.ru(National Scale Ratings carry nospecific outlook) from Aa2.ru
The following ratings were affirmed:
- Bank Financial Strength Rating (stable outlook)