Main » Events » Press releases » Credit-Rating Assigns Bank Business Standard JSC’s Bonds uaBBB- |
|
Credit-Rating Assigns Bank Business Standard JSC’s Bonds uaBBB-02.11.2010 Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it assigned a long-term credit rating of uaBBB- (uaBBB minus) to registered coupon bonds (series B) issued by Kiev-based Business Standard Joint-Stock Bank (Public) JSC (‘bank’) for the amount of UAH100m due Sep. 23, 2015. The outlook on the rating is stable. In the course of the rating procedure Credit-Rating considered bank’s financial statements for 2009 and 1H2010 and its other inside information. An obligor or a debt liability with uaBBB credit rating is characterized with the SUFFICIENT creditworthiness as compared to other Ukrainian obligors or debt liabilities. This level of creditworthiness is affected by adverse changes in commercial, financial and economic conditions. A plus "+" and a minus "-" signs indicate intermediary categories compared to the standard categories (grades). Stable outlook indicates that there are no anticipated reasons to change the rating in the course of the year. Factors maintaining the credit rating
Factors constraining the credit rating
Information on all credit ratings assigned in accordance with the National Rating Scale may be found in REUTERS and BLOOMBERG information systems. For more information, please contact: |
|