Moody's Ratings has affirmed Unibank OJSC's B2 long-term local and foreign currency bank deposit ratings and changed the outlook on these ratings to positive from stable. At the same time, Moody's affirmed the bank's b3 Baseline Credit Assessment (BCA) and Adjusted BCA, NP short-term local and foreign currency bank deposit ratings, the bank's B2/NP long-term and short-term local and foreign currency Counterparty Risk Ratings (CRRs) and the B2(cr)/NP(cr) long-term and short-term Counterparty Risk Assessments (CR Assessments).
 
The affirmation of the bank's BCA and Adjusted BCA at b3 and the long-term bank deposit ratings at B2, as well as the change of outlook on the long-term bank deposit ratings to positive from stable, reflect improved quality of the loan portfolio and profitability recently as well as expected further improvement of the bank's standalone credit profile in the next 12-18 months.