OREANDA-NEWS. 'Expert RA' rating agency upgraded 'EconomLeasing' leasing company creditworthiness rating to А, which means high credit solvency. The rating outlook is stable, which means high probability of maintaining the rating in the mid-term. The rating sublevel is three. The Company used to have rating В++, which means acceptable credit solvency, with the positive outlook.

The Agency highlights the Company's wider cooperation both with former lending banks and new lending institutions as the main rating upgrading factor. The Company's active operations in this line of business in 2013 enabled to reduce the average borrowing rate and attract additional funds for financing the Company's new leasing transactions.

The low share of the Company's equity, the Company's low cash ratio and its low profit margin are the key rating-restraining factors.