SB Bank Ranks #42 in List of Most Reliable Banks
OREANDA-NEWS. February 18, 2014. One of the most recognized Russian magazines “Profile” has released ranking of the most reliable banks out of Top-100 Russian banks (as at 1 January, 2014). SB Bank is ranked 42 in the list.
Estimation of bank reliability by the periodical involves evaluation of the following parameters: Capital adequacy ratio, bank liquidity, share of raised funds at interbank lending market. The Magazine experts consider such parameters to exclude judgmental estimate and give an overview of bank stability.
It is worth mentioning that in December 2013 Standard & Poor’s rating agency assigned “B” long-term credit rating to SB Bank (outlook stable). In January 2014 Moody’s Investors international rating agency reconfirmed the bank’s foreign and national currency deposit ratings of B3 (outlook stable). Therefore SB Bank has become one of these few Russian banks – there are about fifty of them – that are rated by two and more international rating agencies.
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