The FITCH rating agency has assigned the International Moscow Bank (IMB) the foreign currency issuer default rating (IDR) of ’BBB’ with a steady outlook. The bank has also been awarded the ’F3’ short-term foreign currency IDR, the ’BBB+’ long-term national-currency IDR, the ’F2’ short-term national currency IDR, the ’C/D’ individual rating and the ’2’ support rating. The agency assigned new ratings to the Moscow bank just after reports that the Italian UNICREDITO ITALIANO SPA bank had reached an agreement with the Finnish NORDEA BANK FINLAND PLC via its subsidiary BAYERISCHE HYPO-UND VEREINSBANK AG over the purchase of 26.4% of IMB shares owned by the Finnish bank.
Source: WWW.KOMMERSANT.RU, June 27, 2006
