OREANDA-NEWS. April 26, 2012. RusRating assigned a credit rating of “BB+” (national scale) and “B+” (international scale) to KB Puls Stolitsy (Moscow), reported the press-centre of RusRating.

The rating outlook is stable.

According to the agency, the rating is based on healthy financial indicators, positive development trends, and healthy capital adequacy.
Constraining factors include narrow market positions and a limited client base, above-average risks to the stability of client deposits, and elevated sensitivity to credit risks.

About the Bank:
KB Puls Stolitsy is a smaller (by assets) private-sector bank controlled by a group of private individuals, most of whom are involved in operational management. The Bank serves a small number of corporate and retail clients. Development strategy calls for the expansion and diversification of its client base.

About RusRating:
RusRating is an independent rating agency accredited by the Ministry of Finance of the Russian Federation. The company was set up in 2001 and is a member of the GlobalRating group. Its primary services are the provision of credit ratings to banks, industrial firms and their debt instruments; it also provides analysis of various aspects of the Russian financial sector.