OREANDA-NEWS. April 28, 2012. RusRating has increased the credit rating of Garant-Invest Bank from “BBB” to “BBB+” on the national scale, with a stable outlook, reported the press-centre of RusRating.   

According to the agency, the rating increase reflects reduced sensitivity to credit risks against the background of rising profitability and an increase in reserve coverage.

The rating itself is based on membership in an established financial-industrial group; political connections; a stable client base and market niche; satisfactory financial indicators coupled with a positive growth trend; and good liquidity management.

Constraining factors include risks arising from dependence on the business connections of the parent group; exposure to affiliated credit risks; a funding base highly dependent on key clients; poorly diversified lines of business; and a generally minimal market share.