OREANDA-NEWS. On 04 May 2009 was announced, that according to senior RusRating analyst Elena Nikolayenko, positive factors include strong official backing in the form of credit resources, the capacity of the Bank’s owners to provide support, healthy capitalisation, an established business, a favourable assessment of asset quality and minimal exposure to securities market risk.

Potentially destabilising factors include non-financial risks and risks associated with a non-transparent ownership structure, moderate liquidity relative to current market conditions, an increase in credit risks resulting from the crisis, and satisfactory earnings.

BTA Bank is a larger private-sector bank in which Kazakhstan’s BTA Bank – a system-critical financial institution active in all segments of its home market – holds a 22.26% stake; its ownership structure is otherwise unclear. Growth has been dynamic and the Bank has established a healthy presence in corporate services, its core line of business; it is also an experienced player in trade financing and has a broad range of international ties. BTA stands out for its advanced technology and high-quality services and its service network is moderately well developed.