Moody's rates Alliance Bank note Ba2

Moody's Investors Service said it assigned a Ba2 long-term foreign-currency rating to ALB Finance BV's £250 million 9¾% senior unsecured loan participation notes due 2011, which were issued under JSC Alliance Bank's multiple seniority medium-term note program and are unconditionally and irrevocably guaranteed by Alliance Bank.

The outlook for the rating is positive.

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