12 May 2014 11:52

Moody's affirms Asian-Pacific Bank ratings with stable outlook

BLAGOVESHCHENSK. May 12 (Interfax) - Moody's Investors Service has affirmed the long-term rating for foreign currency deposits at Asian-Pacific Bank from Blagoveshchensk at "B2" and the "E+" standalone bank financial strength rating (BFSR), both with stable outlook, the rating agency said in a press release.

Asian-Pacific Bank was the 55th biggest Russian bank by assets as of the end of the first quarter of 2014 according to the Interfax-100 ranking compiled by the Center for Economic Analysis.