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

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.

  • 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. 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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