Rodovid Bank’s ratings put on review by Moody’s

Yesterday Moody’s Investors Service placed Rodovid Bank’s (RODB: BUY) E+ bank financial strength rating (BFSR) and B3 long-term local and foreign currency deposit and debt ratings on review for possible downgrade. At the same time, Moody’s downgraded the bank’s national scale rating (NSR) to Baa3.ua from Baa1.ua. Moody’s said its action was prompted by the weakening of Rodovid Bank’s liquidity position under current market conditions.