OREANDA-NEWS. January 18, 2013. Expert RA Rating Agency assigned reliability rating to Tatfondbank’s issue of exchange traded bonds of BO-06 series (ISIN RU000A0JT5M1, registration number 4B020603058B) at the level of A (high level of creditworthiness), reported the press-centre of Tatfondbank.

The reliability rating of the bonds coincides with the issuer’s rating of creditworthiness: А (high level of creditworthiness). According to analysts of the agency, the credit quality of the bonds and the issuer will continue to coincide in the future as well.

The key factors that caused favourable influence on creditworthiness of Tatfondbank still include the good balance between assets and liabilities by maturity in the short-term (N2 = 36.8%; N3 = 81.7% at 01.12.12) and moderately low level of overdue debt for the total lending portfolio (3.4% at 01.12.12). The rating is also supported by positive public credit history.

The Bank is among top 100 largest banks of Russia in assets and capital. At 1 January 2013, its assets totalled RUB 110 billion and its charter capital was RUB 8.6 billion. The Bank’s lending portfolio at 1 January 2013 totalled RUB 67.7 billion. The head-office of the Bank is located in Kazan. Its regional network consists of 119 units.