Expert RA Assigned Yugra-Leasing Financial Stability Rating A
OREANDA-NEWS. ‘Expert RA’ rating agency assigned ‘YUGRA-LEASING’ financial stability rating A, which means high financial stability; the rating outlook is stable. The stable outlook means high probability of maintaining the rating in the mid-term.
High probability of support to the Company by its owners was noted as the main factor influencing the rating positively. Acceptable diversification of the leasing portfolio by equipment types, taking into account their high liquidity, reliable partners in insurance of leasing items and a good competitive standing on the leasing market are also typical of the Company’s business. In addition, the Agency’s analysts view the option of outsourcing of risk management functions to ‘KHANTY-MANSIYSK BANK’ positively.
The low share of equity in the business financing sources, low RoA and extremely high liabilities concentration on lenders were highlighted as negative factors. A moderately high personnel turnover rate was regarded as the restraining factor.
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