OREANDA-NEWS. 'Expert RA' rating agency confirmed Krasnodar municipal entity creditworthiness rating А+, which means very high credit solvency. The rating outlook is stable.

The acceptable debt level, the low ratio of debt to city asset value, taking into account land plots, and the long-term structure of debt liabilities were highlighted as positive factors.

Increase in the municipal budget deficiency and the high share of income transfers restrained the City rating.