- Language: English
- Published: May 2013
- Region: Russia
Research Update: Ural Bank For Reconstruction And Development Off CreditWatch Negative; Ratings Affirmed; Outlook Negative Sep 09
- Published: September 2009
- Standard & Poors
In our review of the CreditWatch placement, we were satisfied that Ural Bank for Reconstruction and Development has sufficient ability to withstand the pressure of anticipated higher asset quality problems at the current rating level. We are removing our 'B-' long-term counterparty credit and 'ruBBB-' Russia national scale ratings on Ural Bank for Reconstruction and Development from CreditWatch with negative implications and affirming them. We are affirming the 'C' short-term counterparty credit rating. The negative outlook reflects the bank's vulnerability to the ongoing difficult operating environment in Russia. On Sept. 11, 2009, Standard & Poor's Ratings Services removed its 'B-' long-term counterparty credit and 'ruBBB-' Russia national scale ratings on Ural Bank for Reconstruction and Development (UBRD) from CreditWatch with...
Companies mentioned in this report are: Ural Bank for Reconstruction and Development
Action: Outlook: Negative
Action: Removed From CreditWatch
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Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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Ural Bank for Reconstruction and Development