TODAY.AZ / Business

Moody's Investors Service assigns ratings to Kapital Bank

21 December 2006 [11:10] - TODAY.AZ
Azerbaijan's Kapital Bank has large-scale and ambitious plans and the new ratings will provide good opportunities to realize these ideas, Kapital Bank Management Board Chairman Rauf Rzayev said.

He said that Moody's assigned Ba2/NP foreign currency deposit ratings and an E+ Financial Strength Rating (FSR), and Baa2 and P-2 national currency deposit ratings to the Bank. All ratings carry stable outlooks.

"These ratings will help attract foreign investors to cooperation," he said, APA reports.

The aggregate capital of the Bank is AZN 24m, nominal capital AZN 12m.

URL: http://www.today.az/news/business/34134.html

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