Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for Pan Indonesia Bank > News item |
Moody's changes 10 Indonesia banks
Moody's Investors Service said it changed the credit ratings of 10 Indonesian banks.
Moody's said it lowered the global local-currency deposit ratings to Baa3 from Baa2 for the four state-owned banks, Bank Mandiri, Bank Negara Indonesia, Bank Rakyat Indonesia and Bank Tabungan Negara. Moody's also said it confirmed the Baa3 global local-currency deposit ratings for six banks, Bank Central Asia, Bank CIMB-Niaga, Bank Danamon Indonesia, Bank Internasional Indonesia, Bank Permata and Pan Indonesia Bank - with stable outlooks.
Moody's also said it raised the foreign-currency long-term deposit ratings to Ba3 from B1 for all 10 banks. The agency said it raised the foreign-currency issuer ratings for Bank Central Asia, Bank CIMB-Niaga and Bank Internasional Indonesia to Ba1 from Ba2 and the foreign-currency subordinated debt ratings for Bank CIMB-Niaga and Bank Internasional Indonesia to Ba1 from Ba2.
The revised ratings carry stable outlooks.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.