International rating agency Standard & Poor's has affirmed its long-term and short-term counterparty credit ratings of B+/B on MDM Bank, S&P said in a press release.
Meanwhile, the outlook for the ratings is still negative, reflecting analysts' viewpoint that the bank's financial profile remains vulnerable. This is aggravated by negative trends in the Russian economy and banking sector, the experts noted.
Furthermore, the agency affirmed MDM Bank's national scale rating at ruA.
