OREANDA-NEWS. The Russian leading rating agency Expert RA reconfirms SB Bank's credit rating at the level of A+ (Very High Level of Creditworthiness), second sub-layer. The rating carries a stable outlook. Key factors to positively influence Bank creditworthiness outlined by the agency experts include the sustained low NPL level (the NPL level in legal entities and individual entrepreneurs portfolio equaled 1.6% as of 01.12.2013, in individuals portfolio - 0.5%). The Expert RA analysts also highlighted Bank's well-diversified liabilities in terms of customers (10 biggest lenders accounted for 13.4% of liabilities as of 01.12.2013), well-diversified corporate loan portfolio in terms of industries and resource base stability in general. Positive evaluation is also attributed to the adequate reserve policy corresponding to the risks assumed and to the high level of risk management and corporate management.

In addition, on December 30, 2013 Standard & Poor's international rating agency assigned “B” long-term credit rating to SB Bank, outlook stable.