The international credit rating agency Moody’s assigned Counterparty Risk Assessments to Rosbank
Moody’s, the international credit rating agency, assigned Counterparty Risk Assessments to Rosbank due to the revising bank rating methodology, according to the agency’s announcement.
Rosbank is among 23 Russian banks, which have been assigned counterparty risk assessments by Moody’s. According to the report of the agency, the rating agency assigned Prime-3(cr) short-term CR Assessments only to Rosbank and DeltaCredit Bank, and at the same time other banks have received Not-Prime(cr) short-term CR Assessments.
Short-term CR Assessments, assigned by Moody’s, represent assessment of the bank's ability to meet its short-term financial obligations. Issuers rated Prime-3(cr) have an acceptable ability to repay short-term debt, in contrast to issuers rated Not-Prime(cr), which do not have such an opportunity.