OREANDA-NEWS. January 16, 2013. Strong points which underpin the assigned rating include high Capital Adequacy Ratio (13,4% as of 01.11.2012) and low level of NPL (1,7% as of 01.11.2012). Positive evaluation is also attributed to quick liquidity ratio (48,8% as of 01.11.2012) and adequate reserve policy.

The experts also highlight the adequate loan security level (as of 01.11.2012 security together with collateralized securities, warranties and guarantees accounted for 162% of the loan portfolio) and give highly positive evaluation to the quality of corporate governance and risk management of the Bank. Other beneficial factors outlined are well-diversified funding base in terms of customers, access to significant additional liquidity and low level of off-balance sheet debt liabilities.