• Latest News
  • Fx Rates
  • Links

Cash Transaction

Currency Buy Sell
EUR RUB 71.1609 75.6465
EUR CHF 1.1156 1.1604
EUR USD 1.1014 1.1414
EUR GBP 0.8634 0.8908

Non-cash Transaction

Currency Buy Sell
EUR RUB 71.6059 72.7240
EUR CHF 1.1253 1.1364
EUR USD 1.1131 1.1231
EUR GBP 0.8712 0.8780
22.05.2019

News

Moody’s update on RCB Bank: High capital adequacy, low NPL’s ratio

13.12.2018

Moody’s Investors Service has published its updated credit analysis report on RCB, highlighting as the Bank’s strengths the low NPL ration and the high capital adequacy.

The Bank’s rating remained unchanged at B1, with stable outlook (two notches lower than the sovereign rating of the Republic of Cyprus at Ba2).

The rating agency views positively the Bank’s efforts to grow its Cyprus residents deposit base and pointed out that the Bank has demonstrated consistent growth in deposits from the domestic market.

Last year Moody’s Investors’ Service upgraded RCB Bank’s long term local- and foreign-currency deposit ratings to B1 from B3.

This is another confirmation of the Bank’s stable financial position in terms of capital and liquidity.