05.03.2015 17:30:00
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Far Eastern Bank -- Moody's Interfax confirms NSRs of Russian Regional Development Bank and Far Eastern Bank
Moscow, March 05, 2015 -- Moody's Interfax has today confirmed the Aa3.ru National Scale deposit Rating (NSR) of Russian Regional Development Bank and the A2.ru NSR of its subsidiary Far Eastern Bank. Both banks' deposit ratings carry a negative outlook. This action follows the confirmation of the banks' global scale ratings following conclusion of review of the issuer rating of OJSC Oil Company Rosneft -- i.e., the ultimate parent of both Russian Regional Development Bank and Far Eastern Bank -- resulting in downgrade to Ba1 from Baa3 with negative outlook on 25 February 2015. For additional information, please refer to the related announcement: