Moody’s lowers ratings of top Russian banks

Read on the website Vestnik Kavkaza

Moody’s has lowered the ratings of Russia’s Sberbank, VTB, Gazprombank, Rosselkhozbank, Agency for Housing Mortgage Lending, VEB and Alfa-Bank, Gazeta.ru reports.Moody’s lowered the credit rating of Russia to Ba1 speculative grade.

Moody’s has lowered the ratings of Russia’s Sberbank, VTB, Gazprombank, Rosselkhozbank, Agency for Housing Mortgage Lending, VEB and Alfa-Bank, Gazeta.ru reports.

Moody’s lowered the credit rating of Russia to Ba1 speculative grade.