Moody’s Investors Service has upgraded by two notches to B1 from B3 the long-term foreign currency deposit rating of TBC Bank (TBC). At the same time, Moody’s has affirmed the bank’s D bank financial strength rating (BFSR), which maps to a Ba3 baseline credit assessment (BCA), and has changed its outlook to stable. Similarly, the bank’s Ba3 long-term global local currency (GLC) deposit rating was confirmed with a stable outlook.