OREANDA-NEWS. 'Expert RA' rating agency upgraded 'Transcapitalbank' creditworthiness rating to A++, which means extremely high credit solvency, with the stable outlook. The Bank used to have rating A+, which means very high credit solvency, with the stable outlook.

The Agency highlights high loan security ratios, a good balance of assets and liabilities, by their maturities, in the short-term and the liabilities base diversified by groups of lenders among the key positive factors. Good quality of off-balance credit liabilities, resource base stability, and steadily high coverage of operating costs with net interest and commission income in 2012/2013 support the rating. High probability of support by principal shareholders, the Bank's well-developed branch network and strong competitive standing in the corporate segment and in mortgage lending, positive public credit history, high quality and liquidity of the securities portfolio are also highlighted by the Agency among positive factors.

Moderately low capital adequacy, the moderately high share of past due debt in the corporate portfolio and the significant share of IV and V quality category loans in the gross loan portfolio restrain the Bank rating.