BAKU/17.12.13/TURAN : International rating agency Moody's Investors Service upgraded the long-term rating of Bank Respublika from B2 "stable" to B2 "positive".
As said in a statement , Moody's analysts confirmed bank financial strength rating of E + and long-term bank deposit rating in national and foreign currency. Conclusion agency based primarily on the financial statements for 2012 and on October 1, 2013 .
Assessing the prospects for Bank Respublika, Moody's analysts noted that the increase in the forecast is based on factors such as prolonged positive financial performance, a high level of profitability , asset quality and strong capitalization . -15D -
Economics
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