trending Market Intelligence /marketintelligence/en/news-insights/trending/ijnhcf56yw20ag7onzkdag2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Moody's upgrades 4 Belarusian banks in light of improving economy

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Moody's upgrades 4 Belarusian banks in light of improving economy

Moody's on March 21 upgraded the long-term foreign-currency bank deposits of PAO Sberbank of Russia unit OJSC BPS-Sberbank and state-owned JSC Belagroprombank, Belinvestbank JSC and OAO Belarusbank to Caa1 from Caa2, with a stable outlook on all four banks.

The short-term bank deposits of the banks were affirmed at NP. The rating agency also upgraded the long-term local-currency bank deposits of BPS-Sberbank to B2 from B3 and those of Belagroprombank, Belarusbank and Belinvestbank to B3 from Caa1, also with stable outlooks.

BPS-Sberbank's baseline and adjusted baseline credit assessments were upgraded to "b3" and "b2" from "caa1" and "b3" and those of Belarusbank were raised to "b3" from "caa1." The baseline and adjusted baseline credit assessments of Belagroprombank and Belinvestbank were affirmed at "caa1."

The agency also affirmed the B3(cr)/NP(cr) long- and short-term counterparty risk assessments of Belagroprombank and Belinvestbank.

The rating actions reflect an improved operating environment and are prompted by the agency's revision of the Belarus banking system's macro profile to Very Weak+ from Very Weak. Belarus' improved economic strength has led to a positive change in the country's macro profile, Moody's said, noting that it anticipates average economic growth rates of about 2% in coming years.

The stable outlook reflects that on Belarus' sovereign rating and incorporates the stabilization of the operating environment for the country's banks. Moody's recently raised Belarus' issuer and senior unsecured ratings to B3 from Caa1 with a stable outlook, citing the country's strengthening external liquidity position.