Latvijas Hipoteku un zemes banka
Moody s Investors Service maintains Latvijas Hipotēku un zemes banka s long-term foreign currency rating at the Baa3 level
Latvijas Hipoteku un zemes banka 27.06.2011 07:57 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- On 22 June 2011 Moody's Investors Service confirmed the State-owned JCS Mortgage and Land Bank of Latvia (Mortgage Bank) long-term foreign currency deposit rating at Baa3, the short-term rating at Prime-3 and financial strength rating at E+, the outlook on all the ratings is stable. As a positive aspect in keeping long-term foreign currency deposit rating at the same level Moody's notes the fact that the Mortgage bank is wholly owned by the Latvian government and the Mortgage bank's role as a contributor of state funds to the SME sector. Sandra Eglīte PR Officer of Mortgage Bank sandra.eglite@hipo.lv telephone: +371 67774244, +371 26577810 www.hipo.lv News Source: NASDAQ OMX 27.06.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Latvijas Hipoteku un zemes banka Latvia Phone: Fax: E-mail: Internet: ISIN: LV0000800092 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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