Expert RA Assigned Volgo-Kamsky Bank Creditworthiness Rating
OREANDA-NEWS. ‘Expert RA’ rating agency assigned ‘Volgo-Kamsky Bank’ creditworthiness rating B++, which means acceptable credit solvency, with the developing outlook, which means high probability of changing the rating in the mid-term, with equal probability of the maintaining and changing the rating.
A good balance of assets and liabilities, by their maturities, in the short- and mid-terms was noted as the key positive factor of the ‘Volgo-Kamsky Bank’ rating.
‘Expert RA’ regards low capital adequacy as the main rating restraining factor.
Expert RA Rating Agency is the first independent rating agency in Russia founded in 1997 by Expert magazine. It is presently the largest Russian rating agency. The Agency strategic goal is to provide all-round information and analysis assistance to companies, operating on the Russian market. The Agency business is based on unique system of rating products. Expert RA family of ratings presents classic credit ratings of companies in all economic branches, regions and municipalities, as well as ratings related to different aspects of social responsibility of companies: corporate governance rating, companies' ecological liability rating. Currently Expert RA ratings have been assigned to over 350 companies (including companies from Eastern Europe, CIS and the Baltic countries) and regions (60 received the Agency credit rating).
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