Moody's confirmed Locko-Bank’s rating at B1 with a stable outlook

Moody's Investors Services (International rating Agency) has confirmed the long-term rating of the Bank's deposits in national and foreign currencies – “B1”. The Forecast Is “Stable”.

Rating on short-term deposits in foreign and national currency-at the level of NP.

Basic credit rating — "b1". Counterparty risk assessment - " Ba3 (cr)»

Earlier, on June 6, 2017, the international rating Agency raised the long-term rating of Bank’s deposits in national and foreign currency to B1 from B2. The Bank's basic credit rating (BCA) was upgraded to b1 from b2, and the counterparty's risk rating was increased to Ba3(cr) from B1(cr).

According to Moody's assessment, Bank's rating confirmation reflects strong funding and liquidity position; high return on assets in the context of the Russian banking system.