Upgrades for Slovenian Banks

Politics ♦ Published: January 31, 2014; 15:09 ♦ (Vindobona)

The long-term ratings of three banks were upgraded by Moody’s.

Upgrades for Slovenian Banks / Picture: © Moody's Investors Service, Inc. - Annual Report 2013

Moody's Investors Service has today upgraded the long-term deposit ratings of Nova Ljubjanska banka d.d. (NLB) and Nova Kreditna banka Maribor d.d.'s (NKBM) to Caa1 from Caa2, and Abanka Vipa d.d.'s (Abanka) to Caa2 from Caa3. The outlook on the ratings of NLB and NKBM has been changed to stable, while the outlook on Abanka's long-term deposit ratings is positive.

Concurrently…