RCB Bank Ltd. -- Moody's places RCB Bank's B1 deposit ratings on review for downgrade
Published on: Wednesday 09 March 2022
Rating Action: Moody's places RCB Bank's B1 deposit ratings on review for downgradeGlobal Credit Research - 10 Mar 2022Limassol, March 10, 2022 -- Moody's Investors Service ("Moody's") has today placed all of RCB Bank Ltd.'s (RCB Bank) long-term ratings on review for downgrade, including its long-term deposit ratings of B1. As part of the same rating action Moody's has downgraded the bank's Baseline Credit Assessment (BCA) and Adjusted BCA to b3 from b2, the long-term Counterparty Risk (CR) Assessment to Ba3(cr) from Ba2(cr), and the long-term Counterparty Risk Ratings (CRR) to Ba3 from Ba2.
