22.08.2013
International rating agency Moody's Investors Service has published an updated credit opinion on the "Asian-Pacific Bank" (OJSC).
August 16, 2013 the international rating agency Moody's Investors Service has published an updated credit opinion on the Bank, noting the main factors affecting the creditworthiness and stability of Asian-Pacific Bank.
Among the positive factors influencing its conclusions, the agency citied increasing geographical coverage and stable financial performance of the Bank. The agency has paid particular attention to the Bank's leading position in Siberia and Far East among Russian private regional banks, sustainable profitability of Asian-Pacific Bank and adequate asset quality and liquidity profile.
Long-term/short-term global local- and foreign-currency deposit ratings B2/Not Prime and the financial strength rating of E+, which the agency assigned to the Bank, as well as a stable outlook on the ratings were left unchanged.