International rating agency Moody's Investors Service has withdrawn its local currency and foreign currency deposit ratings of Caa1/Not Prime on IMoneyBank, and also the lender's baseline credit assessment of caa1 and counterparty risk assessment of B3(cr)/Not Prime (cr). As the agency specified in a press release, at the time of withdrawal the bank's long-term deposit ratings carried a negative outlook.
Moody's withdrew the lender's ratings for its own reasons, the agency said in the press release. IMoneyBank's national scale rating was also revoked, information posted on the rating agency's website shows.
Assets held by the Moscow-based lender, in 2014 under IFRS, as its audited USD showed, totaled Rub 41.7 bln, equity came to Rub 2.1 bln, and net profit amounted to Rub 96 mln, Moody's noted.