Eleven Indonesian banks' foreign currency debt, deposit ratings upped - Moody's |
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Thu, 18 Oct 2007 05:08
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MUMBAI (Thomson Financial) - Moody's Investors Service raised the foreign currency long-term debt and foreign currency long-term deposit ratings of 11 Indonesian banks, after the country's sovereign bond ratings were raised to 'Ba3' from 'B1'.The 11 banks are Bank Central Asia, Bank Danamon Indonesia, Bank Internasional Indonesia, Bank Lippo, Bank Mandiri, Bank Negara Indonesia, Bank Niaga, Bank Permata, Bank Rakyat Indonesia, Bank Tabungan Negara and Pan Indonesia Bank.Bank Central Asia: The issuer rating was raised to 'Ba2' from 'Ba3' and foreign currency long-term deposit rating to 'B1' from 'B2'. All ratings carry a stable outlook.Bank Danamon Indonesia: The foreign currency subordinated debt rating was raised to 'Ba2' from 'Ba3' and foreign currency long-term deposit rating to 'B1' from 'B2'. Both ratings have a stable outlook.Bank Internasional Indonesia: The issuer/foreign currency subordinated debt ratings were raised to 'Ba2/Ba2' from 'Ba3/Ba3' and foreign currency long-term deposit rating to 'B1' from 'B2'. All ratings carry a stable outlook;Bank Lippo: The issuer/foreign currency subordinated debt ratings were raised to 'Ba2/Ba2' from 'Ba3/Ba3' and foreign currency long-term deposit rating to 'B1' from 'B2'. All ratings carry a stable outlook;Bank Mandiri: The foreign currency senior/subordinated debt ratings were raised to 'Ba2/Ba2' from 'Ba3/Ba3' and foreign currency long-term deposit rating to 'B1' from 'B2'. All ratings carry a stable outlook;Bank Negara Indonesia: The foreign currency subordinated debt rating was raised to 'Ba2' from 'Ba3' and foreign currency long-term deposit rating to 'B1' from 'B2'. All ratings carry a stable outlook;Bank Niaga: The issuer/foreign currency subordinated debt ratings were raised to 'Ba2/Ba2' from 'Ba3/Ba3' and foreign currency long-term deposit rating to 'B1' from 'B2'. All ratings carry a stable outlook;Bank Permata: The foreign currency long-term deposit rating was raised to 'B1' from 'B2' with a stable outlook.Bank Rakyat Indonesia: The foreign currency subordinated debt rating was raised to 'Ba2' from 'Ba3' and foreign currency long-term deposit rating to 'B1' from 'B2'. All ratings carry a stable outlook;Bank Tabungan Negara: The foreign currency long-term deposit rating was raised to 'B1' from 'B2'. All ratings carry a stable outlook.Pan Indonesia Bank: The foreign currency long-term deposit rating was raised to 'B1' from 'B2'with a stable outlook.TFN.newsdesk@thomson.comjroCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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