Expert RA Assigns Stable Outlook to Bank Petrocommerce
OREANDA-NEWS. November 14, 2011. Expert RA Rating Agency assigned 'Stable' outlook to the credit rating of Bank Petrocommerce. Therefore, the Bank’s rating is highly unlikely to change within the following 12 months.
The Bank has currently 'A+' rating ('Very high credit standing').
The rating is underpinned by such factors as a relatively high capital adequacy ratio for a bank of federal importance, a robust 'collateral to loan' ratio, strong diversification by industry of the corporate loan portfolio, access to a wide range of extra liquidity sources, solid geographical presence, and a strong risk management function.
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