OREANDA-NEWS. ‘Expert RA’ rating agency assigned ‘Devon-Credit’ Commercial Bank creditworthiness rating A++, which means very high credit solvency. The rating outlook is stable, which means high probability of maintaining the rating in the mid-term.

High capital adequacy, the Bank’s strong competitive positions in the Republic of Tatarstan and good business profitability have a positive impact on the rating.

Moderately high concentration of active transactions on the major credit risk items, the insufficiently conservative provisioning policy and high reliance on the major lenders’ funds have a negative impact on the rating.