According to the agency, there is not sufficient information available about the region’s credit standing for future ratings. No more ratings and analysis for Murmansk Oblast will be conducted, a press release from the company reads.
The last rating of the region places it long-term position for international and domestic currency at BB- with a “stable” prognosis, while the short-term position is valued to B in international currency and A+ in domestic currency and with a “stable” prognosis.
The rating of the region is similar to the rating of the neighboring Republic of Karelia and show a high level of investment potential, the regional Ministry of Economic Development says, MBnews.ru reports.