Expert RA Upgraded Rating of Moscow Petrochemical Bank
OREANDA-NEWS. December 7, 2011. The rating agency "Expert RA" has raised credit rating "Moscow Petrochemical Bank" (JSC) to A "high level of creditworthiness" rating outlook "stable." Earlier, the Bank has acted rating of B++ "acceptable level of solvency," outlook "stable".
The key factors contributing to the increase in rating, made by the reduction of high credit risks to assets and improve the profitability of capital. In addition, the positive influence growth in the share of the securities included in the Lombard List of the Bank of Russia, and the high availability of loans.
Limit the credit rating for the Bank's growth in the share of loans IV-V category of quality, reduction of capital adequacy, as well as the continued moderately high level of short-term obligations in liabilities.
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