OREANDA-NEWS. November 01, 2010. AMT BANK LLC made an early payment to the Bank of Russia under loan obligations of the Bank. The early repaid tranche includes the principal amount over November and December, 2010 and totaled about RUB 270 mln. The Bank performed the obligations through planned receipts from the loan portfolio, reported the press-centre of AMT BANK.

-    We keep to the policy of strict performance of our obligations to lenders – says Victoria Ermakova, Executive Director at AMT BANK. – Today we showed our ability to early perform our obligations and intend to keep that trend in the future. 

Making the early payment by the Bank was welcomed by financial experts.

-    This fact is the evidence of both continued financial stability of the Bank, despite the influence of nonfinancial risks, and appearance of preconditions for better financial performance of the Bank due to the stable tendency of decreasing the debt load in the short-run and the burden of interest payments upon business efficiency – thinks Elena Nikolaenko, Methodology Director at the RusRating rating agency. – The professionalism of the Bank’s management and efficiency of the measures taken to secure stable business of the Bank, deserve a high estimation. 

The expert has also noted the tendencies of diminishing volume of overdue indebtedness and resumption of lending, and if those tendencies survive, the Bank may be expected to achieve a positive financial result on the basis of this year’s outcome.