"Achieving an international rating is a big step for us. The investment grade rating opens up the opportunity for us to raise capital in European and global markets. Achieving such a rating is also a commitment for us in the future,", comments Štěpán Ašer, CEO of J&T BANKA.
Detailed Moody’s rating:
The international rating agency Moody’s has assigned a long-term deposits rating of Baa2 with a stable outlook and a short-term deposits rating of Prime-2. This is a prestigious, investment grade rating. Long-term obligations rated Baa represent a “moderate credit risk” as defined by Moody’s. Short-term obligations rated Prime-2 reflect the issuer’s “strong ability to repay” these obligations.