The International Rating Agency “Standard & Poor's” has raised long-term credit rating of AS “Latvijas Krājbanka” from B to B+. Short-term credit rating has been repeatedly affirmed at the level of B. The outlook is stable. In its report Standard & Poor's informs that rating upgrade reflects ongoing and potential support to AS “Latvijas Krājbanka” it could receive from its main shareholder - the Lithuanian Bank “AB Bankas “Snoras””.
Inernational Rating Agency Standard & Poor's Raised Latvijas Krajbanka Long-Term Rating to B+
| Source: Latvijas Krajbanka