Moody’s raised for two steps outlook on rating “Halg Bank”

After analyzing the results of the activities of OJSC “Halg Bank”, the international rating agency Moody’s Investors Service updated the bank ratings. The agency confirmed the “Halg Bank” rating on long-term liabilities in the local and foreign currency at the level of B2, raising two steps on the rating to the level “positive”.

Moody’s confirmed the basic credit assessment (Baseline Credit Assessments) of the B3 level, long-term and short-term risk ratings of counterparties in local and foreign currency at B1 (CR) / NOT Prime and indicators for short-term bank deposits and counterparty risks at NP .

Increased forecasting by rating to “Positive” experts of the agency justify the high quality of assets, financial stability, the ability to absorb risks, as well as the system of “Halg Bank”.

“Halg Bank” cooperates with the International Moody’s Investors Service Agency since 2011.