Moody’s Ratings affirmed long-term deposit ratings of ForteBank; outlook ‘Positive’.

Moody’s Ratings affirmed long-term deposit ratings of ForteBank; outlook ‘Positive’.

Hereby ForteBank JSC (hereinafter referred to as the Bank) notifies that on September 12, 2024, the international rating agency Moody's Investors Service announced its decision to affirm the Bank's long-term deposit rating at the level of ‘Ba2’, the rating outlook is ‘Positive’.

Currently the Bank's ratings are as follows:

• Long-term Bank Deposit rating – ‘Ba2’;
• Short-term Bank Deposit rating – ‘NP’;
• Long-term Counterparty Risk Ratings – ‘Ba1’;
• Short-term Counterparty Risk Ratings – ‘NP’;
• Outlook – ‘Positive’.