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Published on 12/13/2012 in the Prospect News Emerging Markets Daily.

Moody's: OTP Bank on watch

Moody's Investors Service said it placed on review for downgrade the Aa2.ru long-term national scale credit rating of OJSC OTP Bank.

The agency said the rating action was triggered by Moody's placement of the parent, OTP Bank NyRt, on review for downgrade. OTP Russia's Aa2.ru national scale rating continues to map to the Ba2 long-term local-currency rating, which was placed on review for downgrade on Dec. 13.


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