OREANDA-NEWS. January 17, 2013. According to the agency, the rating is supported by solid business ties to a top-fifty Russian bank, stable profits and substantial current business activity.

Constraining factors include limited informational transparency (non-public operations), a low capital base and high concentration of assets and liabilities by counterparties.

About the Company:

Eurasian Financial Services plc was registered on 28 July 2005. Its ultimately beneficiary owners have not been identified. A finance and investment company, its principal business partner is a major Russian bank (one of the country’s top fifty by assets). Loans account for the bulk of liabilities. Asset quality is healthy, but both asset- and funding-side loans are highly concentrated by counterparty. Liquidity is sufficient. Risk sensitivity is moderate.

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.