Moody's Investors Service demotes Russian Standard Bank

15 October 2007 (07:34)

Moody’s Investors Service demoted Russian Standard Bank’s rating outlook from Stable to Negative; the agency reports this has to do with the bank’s liquid benchmark becoming less strong, which has made it more vulnerable to recent credit market fluctuations and resulted in the decrease in the amount of ready assets after the bank paid its current liabilities.


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