13.12.2013 14:25:00

MDM Bank -- Moody's affirms MDM Bank's long-term ratings; maintains negative outlook

London, 13 December 2013 -- Moody's Investors Service has today affirmed MDM Bank's Ba3 long-term deposit ratings, Ba3 local-currency senior unsecured debt rating and standalone D- bank financial strength rating (BFSR), which is equivalent to a baseline credit assessment (BCA) of ba3. Moody's has also affirmed the provisional (P)Ba3 local-currency debt rating assigned to the bank's domestic bond programme, and the Not-Prime short-term deposit ratings. The outlook on all of the bank's long-term ratings remains negative.

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