OREANDA-NEWS. April 03, 2012. Expert RA rating agency confirmed A (very high) creditworthiness rating to Tatfondbank. Rating forecast changed from “stable” to “positive”.

The forecast revision relates to reduced level of large credit risks and improved short-term assets/liabilities balance. Key positive factors: proper loan reservation policy (adequate to Tatbank specialty), highly probable administrative and financial support by regional authorities.

Key limiting factors: low business profitability.

Expert RA Rating Agency is the first independent rating agency in Russia founded in 1997 by Expert  magazine. It is presently the largest Russian rating agency. The Agency strategic goal is to provide all-round information and analysis assistance to companies, operating on the Russian market. The Agency business is based on unique system of rating products. Expert RA family of ratings presents classic credit ratings of companies in all economic branches, regions and municipalities, as well as ratings related to different aspects of social responsibility of companies: corporate governance rating, companies' ecological liability rating. Currently Expert RA ratings have been assigned to over 350 companies (including companies from Eastern Europe, CIS and the Baltic countries) and regions (60 received the Agency credit rating).