OREANDA-NEWS  On 06 March was announced, that Absolut Bank is one of the 20 banks invited by Bank of Russia to sign agreements on partial compensation of losses incurred on the interbank credit market. That privilege has already been granted to 13 banks, which have been active on the interbank credit market. The proposal of the Central Bank is the indication of the high degree of trust with Absolute Bank, and can be regarded as the objective result of Absolut Bank’s effective risk management system, at both the strategic level, and at the level of individual bank businesses.

In order to be included in that list, the bank must have a long-term credit solvency rating not lower than ВВ-, as per Standard & Poor/'s or Fitch rating, or at least a Ва3 Moody’s rating. The bank’s assets must exceed 20 bln rubles as of the last accounting date.