For the first time the international rating agency "Moody`s Investors Service" has assigned a financial stability rating as well long-term deposit and short-term deposit ratings to JSC "Trasta komercbanka" (TKB). "Moody`s Investors Service" as assigned E+Bank financial strength rating (BFSR), to Trasta komercbanka as well as B2 long-term and Not-Prime short-term local and foreign currency deposit ratings. The outlooks on all ratings are “stable”. According to Moody`s report the strong points of TKB are profitability, high capital adequacy and performance efficiency. In this connection Gundars Grieze, Chairman of the Board of Trasta komercbanka has made the following commentary: "We are satisfied to have our bank added to the list of Latvian banks which have already received international ratings. We made a decision to require a rating despite the instability of the economic situation in Latvia and worldwide, which could affect the process of rating assignment. We consider that the assignment of Moody`s rating is an important step in the bank's development and entrance to the international market, and we are planning to continue strengthening of our market positions.” "Trasta komercbanka" is one of the oldest private banks in Latvia, which is a successful participant of the Latvian financial market having achieved positions of a stable and highly profitable medium-sized credit institution. Last year TKB maintained its leading position in the banking sphere of Latvia according to performance ratios. In 2007 the capital return of "Trasta komercbanka" (ROE) was 68.09% but return on assets (ROA) amounted to 5.43%. Besides its Latvian branches (in Liepaja un Daugavpils), Trasta komercbanka has a branch in Cyprus and representative offices in Ukraine, Belarus, Kazakhstan, Canada un Bulgaria. Julia Jurgele JSC "Trasta komercbanka" Deputy Head of PR