Expert RA Confirms Regional Development Bank Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Regional Development Bank' creditworthiness rating B++, which means acceptable credit solvency, the rating outlook is developing. The developing outlook means equal probability of maintaining and changing the rating in the mid-term.
A good balance of assets and liabilities, by their maturities, in the short-term, the acceptable loan portfolio security and the provisioning policy adequate to the current credit risk level had a positive impact on 'Regional Development Bank' rating.
The low loan portfolio quality and the risks related to the Bank's business model modification as a result of possible ownership structure changes were highlighted as the main negative factors.
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