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BRIEF-TBC Bank says ‍Moody's upgrades credit rating​
September 13, 2017 / 12:21 PM / 3 months ago

BRIEF-TBC Bank says ‍Moody's upgrades credit rating​

Sept 13 (Reuters) - Tbc Bank Group Plc

* ‍MOODY‘S UPGRADES TBC BANK CREDIT RATING​

* ‍MOODY‘S INVESTORS SERVICE (MOODY‘S) HAS ANNOUNCED TODAY THAT IT HAS UPGRADED CREDIT RATING OF JSC TBC BANK​

* ‍BANK‘S LOCAL-CURRENCY DEPOSIT RATING HAS BEEN INCREASED TO BA2 FROM BA3 AND ITS FOREIGN-CURRENCY DEPOSIT RATING TO BA3 FROM B1​

* ‍RATINGS CONTINUE TO CARRY A STABLE OUTLOOK​

* ‍THIS CHANGE WAS DRIVEN BY MOODY‘S UPGRADE OF GEORGIA‘S GOVERNMENT BOND RATINGS TO BA2 STABLE FROM BA3 STABLE ON 11 SEPTEMBER 2017​ Source text for Eikon: Further company coverage:

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