Expert RA Rating Agency Changed Lenoblbank Rating Outlook
OREANDA-NEWS. ‘Expert RA’ rating agency changed ‘LENOBLBANK’ rating outlook from stable to developing. The developing outlook means equal probability of maintaining and changing the rating in the mid-term. The Bank rating remained unchanged at A, which means high credit solvency.
The outlook change is due to noticeable reduction in the capital adequacy ratio, as well as increase in the Bank’s investments into real state closed mutual funds.
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