Expert RA Confirmed Grand Invest Bank Creditworthiness Rating
OREANDA-NEWS. "Expert RA" rating agency confirmed "Grand Invest Bank" creditworthiness rating B++, which means acceptable credit solvency. The rating outlook is positive, which means high probability of upgrading the rating in the mid-term.
High RoE combined with high coverage of operating costs with net interest and commission income and high quality of the securities portfolio support the Bank’s rating.
Moderately high concentration of active transactions on major credit risk items and insufficiently conservative provisioning policy were the factors influencing the rating negatively.
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