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NEW YORK, NY / ACCESSWIRE / July 12, 2019 / Storebrand ASA (OTCPINK: STB ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 12, 2019 at 2:00 PM Eastern ...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Saigon Thuong Tin Commercial Joint-Stock Bank and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service has today upgraded the long-term local and foreign-currency issuer ratings and long-term local-currency deposit ratings of five Vietnamese banks, and affirmed the same for the other 11 Moody's-rated banks in Vietnam. Moody's also upgraded the long-term foreign-currency deposit ratings of two Vietnamese banks, and affirmed the same for the other 14. At the same time, Moody's has upgraded the long-term Counterparty Risk Ratings (CRRs) and Counterparty Risk Assessments (CRAs) of eight banks and affirmed the same for the other eight.
Moody's Investors Service ("Moody's") has today affirmed the local-currency deposit ratings of Amen Bank (Amen) of B2/NP, Arab Tunisian Bank (ATB) of B2/NP, Banque de Tunisie (BdT), of B2/NP, Banque Internationale Arabe de Tunisie (BIAT) of B2/NP and Societe Tunisienne de Banque (STB) of B3/NP. Concurrently Moody's affirmed the baseline credit assessments (BCAs) of BdT and BIAT at b3, the BCAs of Amen and ATB at caa1 and the BCA of STB at caa3. Moody's also affirmed the long-term foreign currency deposit ratings of the five banks at B3, at the same level as the country ceiling for foreign currency deposits, and affirmed the long-term B2(cr) Counterparty Risk Assessment (CR Assessment) and the B2/NP Counterparty Risk Ratings of all banks.
Moody's Investors Service has upgraded the long-term local and foreign-currency deposit and issuer ratings of JSC Bank for Foreign Trade of Vietnam (Vietcombank), Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), and Vietnam Joint-Stock Commercial Bank for Industry and Trade (VietinBank). Moody's also upgraded the long-term counterparty risk ratings (CRR) and counterparty risk assessments (CRAs) of VietinBank and BIDV, and affirmed those of Vietcombank.