The international rating agency Moody's downgraded the ratings of 39 Russian financial organizations, to which Sberbank, Tinkoff Bank, Alfa-Bank and others were upgraded. Please go to the agency website.

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The downgrading of the ratings of banks was due to Moody's assessment of the fact that the Central Bank of the Russian Federation is going to control the circulation of capital from the side of the Central Bank of the Russian Federation to surround transcordon payments, a system for servicing the board for bonds of financial institutions.

Dovgostrokovі ratings downgraded for the following banks: Alfa-Bank, Sberbank, Gazprombank, Moscow Credit Bank (MCB), Roslgospbank, Rosbank, Raiffeisenbank, Tinkoff Bank, Zenit Bank, Absolut Bank, Uralsib Bank, Solidarnist Bank, Credit Europe.

Of course, Moody's downgraded to Ca the ratings of Aton Capital Group and its subsidiaries Aton Financial Holding, Atonline Limited, Newbest Limited, Solar LLC, Starberry Limited, as well as Russ-Invest and Renaissance Financial Holding Ltd.

The informed agency also clarifies that the rating is affected by such factors as the exchange of transcordon payments at the link with control over the capital movement, the Central Bank of the Russian Federation’s supply chain, the possibility of a three-fold weakening of the operating environment of financial institutions through sanctions and stress on macroeconomic.

Earlier this year, all rating agencies synchronously downgraded Russia's long-term sovereign ratings in foreign currency to a level lower than the investment one, so " March 6, Moody's also downgraded Russia's long-term foreign and national currency ratings for goiter-related goiters from B3 to Ca to pre-default. Let us know about it LIGABusinessInform.