Moody’s Places OTP Ratings Under Review For Upgrade
- 19 Mar 2015 8:00 AM
Moody’s Investors Service has placed the long- and short-term local currency deposit ratings of OTP Bank and OTP Mortgage Bank under review for upgrade because of methodological changes, OTP Bank said, citing a release from the ratings agency on Tuesday.
At the same time, Moody’s withdrew the Bank Financial Strength Ratings, OTP said.
Moody’s said that the rating actions related to its new bank rating methodology affected 1,021 out of 1,934 rated banking entities.
Source www.hungarymatters.hu
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