OREANDA-NEWS. ‘Expert RA’ rating agency confirmed ‘Nizhny Novgorod Special Depositary’ reliability rating A, which means high reliability (long-term credit solvency) of the depositary. The outlook is stable.

The low debt level, acceptable risk management, high information transparency and the insurance coverage quality had a positive impact on ‘Nizhny Novgorod Special Depositary’ rating.

The Agency’s analysts regarded absence of certified software for securities depositary accounting, low customer base diversification, and low profitability as the restraining factors.