International rating agency Moody’s Investors Service has withdrawn its ratings on Moscow-based Fondservicebank (long-term local currency and foreign currency deposit ratings of Caa1, short-term deposit rating of Not Prime and BFSR of E, which corresponds to the baseline credit assessment of Caa1). As Moody’s noted, previously all the bank’s long-term ratings and BFSR carried a stable outlook.
Moody’s withdrew the bank’s ratings for its own reasons of business nature, the agency said in a press release.
The bank’s national scale ratings were also withdrawn, data on the website of Moody’s showed.
