International credit rating agency Moody's Investors Service has published an update to their credit analysis on 3 January 2020, following placement of Citadele long- and short-term Ba1/NP deposit ratings and the Baseline Credit Assessment (BCA) and Adjusted BCA of ba3 under review for upgrade. The Counterparty Risk Ratings of Baa3/P-3 and Counterparty Risk Assessments of Baa3(cr)/P-3(cr) were also placed on review for upgrade.


Rating(s) Under Review

Long term deposit

Ba1, Possible Upgrade

Long term counterparty risk rating

Baa3, Possible Upgrade

Short term deposit

NP, Possible Upgrade

Short term counterparty risk rating

P-3, Possible Upgrade