Moody's: Nomos Bank Ba3

Moody's Investors Service said it affirmed the Ba3 long-term foreign currency deposit and the Ba3 local and foreign currency senior unsecured debt ratings of Nomos Bank. The stand-alone bank financial strength rating of D-, the Not Prime short-term foreign currency bank deposit rating and B1 foreign currency subordinated debt rating were also affirmed.

Concurrently, Moody's said it assigned Ba3 long-term and Not Prime short-term local currency deposit ratings to Nomos Bank.

The outlook is stable.

Moody's said the action is based on Nomos Bank's audited financial statements for 2010 prepared under IFRS and its first-half 2011 unaudited results prepared under IFRS.

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