OREANDA-NEWS. ‘Expert RA’ rating agency confirmed ‘Express-Credit’ JSCB creditworthiness rating at B++, which means acceptable credit solvency. The rating outlook changed from stable to positive, which means high probability of upgrading the rating in the mid-term.

High loan portfolio security, low exposure of the securities portfolio to credit and stock exchange risks and the low share of past-due debt in the aggregate loan portfolio have a positive impact on the Bank’s creditworthiness. The Agency also regards the acceptable coverage of off-balance credit liabilities with highly liquid assets and the moderately high information transparency as positive factors.

Low capital adequacy with the suboptimal capital structure, the narrow customer base in the corporate and individual business lending segment and low business profitability have a negative impact on ‘Express-Credit’ JSCB rating. High concentration of active transactions on the major credit risk items, the high share of encumbered assets and the high share of liabilities that mature within 30 days also restrain the creditworthiness.