Moody’s Updated Credit Opinion for LOCKO-Bank (2014)

Moody’s Investors Service rating agency published credit opinion for LOCKO-Bank. According to the document Moody’s assigned long-term global local and foreign-currency deposit ratings of B2 and confirmed “Stable” outlook.

According to Moody’s Investors Service LOCKO-Bank’s standalone credit profile was underpinned by its good corporate governance and risk management practices as well as adequate liquidity profile. Moreover, the good quality of the bank’s capital was noted.

Moody's Ratings for LOCKO-Bank:

• Outlook Stable
• Bank Deposits B2/NP
• National Scale Rating Bank Deposits -Dom Curr A3.ru/--
• Bank Financial Strength E+
• Baseline Credit Assessment b2
• Adjusted Baseline Credit Assessment b2
• Senior Unsecured -Dom Curr B2