AK&M Affirmed Alef Bank Credit Rating
OREANDA-NEWS. July 29, 2010. Rating agency AK & M affirmed CJSC JSCB "Alef Bank" credit rating on the national scale: "A" with a stable outlook. Rating "A" means that the JSCB "Alef Bank" belongs to the class of borrowers with a high level of reliability, reported the press-centre of Alef Bank.
The risk of delayed implementation of the commitments is low.
Joint Stock Commercial Bank ALEF-BANK (CJSC JSCB Alef-Bank) was established in March 1992. In October of the same year, after a license for operations in Rubles was obtained, the Bank started its activities on the financial market. Starting from the beginning of 1998, the Bank has been a licensed professional participant of the securities market. In 2000 a general license for carrying out banking operations was obtained. Joining the VISA INTERNATIONAL payment system allowed the Bank to issue its first bank card in May 2002.
ALEF-BANK can offer its customers a wide range of services, including opening and operating accounts and other services. In March 2005 the Central Bank's Banking Supervision Committeemade a positive conclusion on CJSC JSCB Alef-Bank’s joining the Deposit Insurance System.
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