Moody’s Praises Russia’s Proposals For Tighter Bank Regs

20 Oct 2010

Moody’s Investors Service says Russia’s proposed initiatives to tighten bank regulation and strengthen the banking system are “credit positive” for the country’s banks when implemented.

Moody’s Investors Service says Russia’s proposed initiatives to tighten bank regulation and strengthen the banking system are “credit positive” for the country’s banks when implemented. In a special comment, Moody’s stated that the initiatives address key weaknesses observed in some of Russia’s 28 banks that defaulted during the ...

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