In the result of analysis, Moody’s confirmed rating of the Credit Standard Bank at the level of B2/NP/B2/NP/E. The outlook on all ratings are stable, the bank said.

The bank was assigned long-term foreign currency deposit rating at the level of B2. Moody’s confirmed the E+ BFSR and B2/Not Prime long-term and short-term local currency deposit ratings.

In December 2009, Moody’s changed rating of Open Joint-Stock Commercial Bank Credit Standard and upgraded long-term foreign currency deposit rating to B2 from B3.