Moody's upgraded ratings of Šiaulių Bankas

2015-06-22

On 17 June 2015 Moody‘s Investors Service announced the higher ratings of Šiaulių bankas.

Šiaulių Bankas’ long-term deposit rating has increased two steps forward - from B1 to Ba2 . The outlook on the long-term deposit rating is affirmed as stable. The Bank's short-term credit rating is NP.

"Moody's" upgraded financial strength ratings of Šiaulių bankas considering that the Bank had  improved financial fundamentals, mainly strengthening profitability and decreasing problem loans.

Ratings of Šiaulių Bankas