OREANDA-NEWS. The Russian rating agency “RIA Rating” affirmed AA- national scale creditworthiness rating of Bank Petrocommerce with stable outlook.

The rating assessment is sustained by decreasing overdue loans ratio as well as a robust liquidity level, and is restrained by modest profitability.

Bank Petrocommerce was established in 1992. Bank Petrocommerce ranks among top 30 largest financial institutions of the Russian Federation by main financial indicators and has a "very high level of creditworthiness" (in accordance with Expert RA, May 2013). The Bank has a broad branch network. The Bank is one of the strategic assets of IFD Kapital Group.