Moody’s withdraws ratings of Commerce Bank of Tajikistan

DUSHANBE, Tajikistan, December 17. Moody’s
Ratings has withdrawn the credit ratings of OJSC Commerce Bank of
Tajikistan, Trend
reports via the agency.

The withdrawn ratings include the bank’s B3 long-term local and
foreign currency deposit and issuer ratings, b3 Baseline Credit
Assessment (BCA) and Adjusted BCA, as well as the B2(cr) long-term
Counterparty Risk Assessment. Moody’s also withdrew the bank’s B2
long-term local currency Counterparty Risk Rating (CRR) and B3
long-term foreign currency CRR.

In addition, the agency withdrew the bank’s Not Prime short-term
local and foreign currency deposit and issuer ratings, along with
the Not Prime(cr) short-term Counterparty Risk Assessment.

Prior to the withdrawal, the outlook on the bank’s long-term
deposit and issuer ratings was stable.