Moody's recalls Imexbank ratings at bank's request

Yesterday, in a release, Moody’s Investors Service said it withdrew its ratings on Imexbank: bank financial strength rating of ‘E’ (stable outlook), long-term and short-term local and foreign currency deposit ratings of ‘Caa2/Not Prime’ (Stable outlook), and long-term national scale deposit ratings of ‘B3.ua.’ Moody’s did not have any outstanding debt by the lender rated. Moody’s said it made the move for business reasons following an official request from the bank.