Fitch rates Credit Bank of Moscow bonds B+

Fitch Ratings said it assigned Credit Bank of Moscow's RUB 2 billion issue of series 7 senior unsecured bonds with final maturity in July 2015 and two-year put option, a final long-term local-currency rating of B+ and national long-term rating of A-(rus) with a recovery rating of RR4.

The bank's also has a long-term foreign-currency issuer default rating of B+, long-term local-currency issuer default rating of B+ and short-term foreign-currency issuer default rating of B.

The outlook is stable.

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