OREANDA-NEWS. 'Expert RA' rating agency upgraded 'TransFin-M' leasing company creditworthiness rating to A+, which means very high credit solvency, the second sublevel. The rating outlook is stable, which means high probability of maintaining the rating in the mid-term. The Company used to have rating A, which means high credit solvency, the first sublevel and the positive outlook.

The rating change is due, first of all, to increase in the Company's share capital by RUB 5.1 billion as well as to high business growth rates. High RoA and RoE and the low customer past-due debt have a positive impact on the rating.

High leasing portfolio concentration on equipment types was the key factor having a negative impact on the Company rating