OREANDA-NEWS. On 13 April 2009 was announced, that RusRating assigned new credit rating to BNP Paribas Vostok (Moscow): Rating A-, outlook stable.

According to RusRating senior analyst Victoria Belozerova, positive factors include the unconditional support of a major parent group with solid and well-developed financial positions, a positive reputation and experience operating in many countries. Potentially destabilising factors include the early development stage of the Bank’s Russian business.

BNP Paribas Vostok is a mid-sized (by assets) bank and a subsidiary of France-based BNP Paribas, a major international financial group. Operations centre on loans for small and mid-sized businesses, most of which are located in Moscow. The Bank is not active in speculative markets and has been functioning as a member of the BNP Paribas group since early 2008.