09.12.2013 11:27:00

European Trust Bank -- Moody's reviews for downgrade Caa1 deposit ratings of European Trust Bank

London, 09 December 2013 -- Moody's Investors Service has today placed on review for downgrade the Caa1 long-term global local- and foreign-currency deposit ratings of European Trust Bank (Russia). The bank's E standalone financial strength rating (BFSR) (equivalent to Baseline Credit Assessment (BCA) of caa1) and its Not Prime short-term global local and foreign currency deposit ratings are not subject to the review. The BFSR maintains a stable outlook.

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