Expert RA Assigned Municipal Kamchatprofitbank Creditworthiness Rating
OREANDA-NEWS. “Expert RA” rating agency assigned creditworthiness rating A, which means high credit solvency, to ‘Municipal Kamchatprofitbank’, the rating outlook is stable. The stable outlook means high probability of maintaining the rating in the mid-term.
High RoE combined with high coverage of operating costs with net interest and commission income, low concentration of active transactions on major credit risk items and acceptable loan portfolio security support the Bank rating.
Business concentration in the region with a low investment appeal rating and moderately low Level 1 capital adequacy became the key factors restraining the Bank’s creditworthiness.
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