S&P Global Ratings 31 August 2017 moved long-term credit rating of the counterparty “B+” Bank “FC Opening” from the list CretitWatch Negative (“ratings on review with negative expectations”) in Developing CreditWatch (“ratings on review, the situation is in the process of development”).
21 Dec 2016 ‘BB -‘ rating of the Bank “FC Opening” was placed on CreditWatch Negative, and may 24, 2017 was lowered to ‘B+’ and left on CreditWatch Negative.
Short-term credit rating of the Bank also placed on CreditWatch Developing.
“The movement ratings of the Bank “FC Opening” the CreditWatch Developing reflects that we could raise, to confirm or lower the ratings depending on the further actions of the Bank of Russia in respect of the Bank “FC Opening””, – stated in the message of rating Agency.
S&P plans to withdraw the ratings of the Bank “FC Opening” of the CreditWatch within the next 90 days.