Moody's downgrades ratings of Kapital Bank

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Tuesday 08, July 2008 by

Moody's downgrades ratings of Kapital Bank

Moody's Investors Service has downgraded the following global scale ratings of Kapital Bank in Azerbaijan: long-term foreign currency deposit ratings to B1 from Ba2, long-term and short-term local currency deposit ratings to B1/Not Prime from Baa2/Prime-2.

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