Report
EUR 230.98 For Business Accounts Only

Denizbank A.S.: Update following acquisition by ENBD

Our credit view of Denizbank reflecting adequate profitability and liquidity, modest asset quality and capitalisation, and high probability of affiliate support in a weak environment.
Underlying
Denizbank A.S.

DenizBank is active in three areas, namely, retail banking, corporate banking, treasury and investment banking. The primary customer segments of Co. include retail customers, small and medium-size enterprises, exporters, public and project finance users and corporate clients. Co. has identified agriculture, energy, tourism, education, health, sports, infrastructure and maritime sectors as a priority for its activities. Co. also operates in European countries through its Vienna-based subsidiary DenizBank AG. CJSC Dexia Bank serves Co.'s existing customers abroad that have commercial and trade ties with Russia and meets their various financial needs.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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