OREANDA-NEWS. Fitch Ratings has today affirmed Russia-based Evrofinance Mosnarbank's ("EVMB") ratings at Issuer Default 'B', National Long-term 'BBB(rus)', Short-term 'B', Individual 'D' and Support '5'. The Outlooks on the Issuer Default and National ratings remain Stable.

EVMB's ratings reflect its limited franchise, concentration of both its loan book and client funding, and exposure to market risks.

However, the ratings also factor in the bank's well-developed (for a local bank) risk management systems, continued track record of sustainable asset quality, sound capitalisation levels and acceptable liquidity.