The E+ BFSR and B2/Not Prime long-term and short-term local currency deposit ratings remain unchanged; stable outlook is maintained on all of the ratings.

In October 2008, Moody’s assigned B2 long-term and Not Prime short-term local currency deposit ratings and an E+ Bank Financial Strength Rating (BFSR) to BCS in October 2008. The outlook on all the ratings is stable. In July, Moody’s retained Bank Credit Standard (BCS) rating at B2/NP/B3/NP/E+, the Uzbek bank said.

As earlier reported, Moody’s has taken rating actions affecting six Uzbek banks following its reassessment of the government’s ability to support the national economy and the local banking system.