Expert RA Confirmed Urals Ring Commercial Bank Creditworthiness Rating
OREANDA-NEWS. Expert RA rating agency confirmed 'Urals Ring' Commercial Bank creditworthiness rating À+, which means very high credit solvency. The rating outlook is stable.
A good balance of assets and liabilities, by their maturities, in the short term and financial support of the owner, MMSK (LLC), support the Bank rating. Moderately low concentration of active transactions on major credit risk items, good loan portfolio quality and the provisioning ratio adequate to the current credit risk level also have a positive impact on the rating.
Expert RA analysts note the Bank's reliance on retail funds as the source of funding as one of the key rating-restraining factors.
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