(Source: Moody's Corporation) London, 03 July 2013 -- Moody's Investors Service has today affirmed the B1 long-term local- and foreign-currency debt and deposit ratings of MTS Bank, as well as the standalone bank financial strength rating (BFSR) of E+, equivalent to a baseline credit assessment (BCA) of b2. The bank's Not Prime short-term local- and foreign-currency deposit were also affirmed. The outlook on the bank's BFSR is stable, while the long-term ratings carry a negative outlook. RATINGS RATIONALE Moody's affirmation of MTS Bank's ratings with negative outlook reflects the bank's strong capital base, which is constrained both by weak asset quality that...
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