OREANDA-NEWS. August 20, 2007. The rating agency "Expert RA" assigns "А+" rating to Transcapitalbank’s credibility ("High level of credibility with stable outlook").

Transcapitalbank’s new shareholders – EBRD and DEG – positively influence the whole creditworthiness of Transcapitalbank. Due to a long-lasting partnering with EBRD, this good relationship allows Transcapitalbank to provide competitive product on the SME market. Additionally, Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG), a German bank, went into the share capital of Transcapitalbank in March 2007. Collaboration with such high-rated financial institutions such as EBRD and DEG supports Transcapitalbank in strategy to access low-cost and long-term funding from international markets.

The dynamic development of Transcapitalbank’s network and the volume boost of credit operations did not influence Transcapitalbank’s loan portfolio quality. As of 1 April 2007 the overdue of loans is 0.93% less than average market ratio. The high quality of Transcapitalbank’s capital and the diversified customer base also positively affect on Transcapitalbank’s credit standing.

Transcapitalbank’s strategy is aimed at further growth in volume of credit operations due to Transcapitalbank’s geographical expansion and increase of sales outlets. The customer base is intended to be increased due to the domestic and international financing, eurobonds and bonds issued in rubles. One of the strategic goals of Transcapitalbank is to implement effective system of the brand’s management and to enhance business reputation of Transcapitalbank.