Moody's changed Bank Saint-Petersburg's ratings

On February 25, Moody's Investors Service downgraded Bank Saint-Petersburg's long-term foreign-currency deposit rating to B1 from Ba3, long-term foreign-currency subordinated debt rating downgraded to B2 from B1, standalone bank financial strength rating (BFSR) downgraded to E+ from D-. Moody's also lowered long-term foreign-currency debt rating of senior unsecured MTN program to (P)B1 from (P)Ba3, long-term foreign-currency debt rating of subordinate MTN program downgraded to (P)B2 from (P)B1. BFSR carries a stable outlook; all other long-term global-scale ratings carry a negative outlook.

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