Moody’s Ratings affirms Šiaulių Bankas’ ratings and its stable outlook
22 Maio 2024 - 3:30AM
UK Regulatory
Moody’s Ratings affirms Šiaulių Bankas’ ratings and its stable
outlook
The international rating agency Moody’s Investor Service has
affirmed Šiaulių Bankas long-term deposit ratings of Baa1. The
outlook on the long-term deposit ratings remains
stable.
“We are pleased that one of the most influential
rating agencies has affirmed Šiaulių Bankas' historically high
ratings and stable outlook. This affirmation bolsters our recent
developments and demonstrates confidence in our long-term growth
strategy for our investors,” states Vytautas Sinius, CEO of Šiaulių
Bankas.
In its statement, Moody’s noted that baseline
credit assessment reflects its strong capitalisation supported by
healthy earnings, and sound liquidity buffers.
Moody’s is one of the most influential
international credit rating agencies in assessing the ability of
companies and governments to meet their debt obligations.
Additional information:
Tomas Varenbergas
Head of Investment Management Division
tomas.varenbergas@sb.lt
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