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30.04.2013 17:36:00
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Belagroprombank JSC -- Moody's: Belarus's banking system outlook remains negative
London, 30 April 2013 -- The outlook for Belarus's banking system remains negative, unchanged since June 2009, says Moody's Investors Service in a new report published today. Ongoing macroeconomic vulnerabilities underpin the key drivers of the outlook, which remain (1) the government's limited ability to extend support to the banks; (2) Moody's expectation that banks' asset quality and capital adequacy will deteriorate further; and (3) the banks' low foreign-currency liquidity relative to high levels of foreign-currency deposits.
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