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Moody's affirms Eskhata Bank's ratings; stable outlook (Moody's Corporation)

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(Source: Moody's Corporation) Global Credit Research - 02 Jul 2013 London, 02 July 2013 -- Moody's Investors Service has today affirmed Eskhata Bank's B3 long-term local-currency deposit rating, and Caa2 foreign-currency deposit ratings with a stable outlook. At the same time, Moody's affirmed the bank's standalone bank financial strength rating (BFSR) of E+ -- equivalent to a standalone baseline credit assessment (BCA) of b3 with a stable outlook -- and the Not-Prime short-term local- and foreign-currency deposit ratings. RATINGS RATIONALE According to Moody's, Eskhata's ratings remain constrained by weaknesses associated with a potentially volatile operating...

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