Expert RA Confirms EKOPROMBANK' Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'EKOPROMBANK' creditworthiness rating B++, which means acceptable credit solvency. The rating outlook is stable.
High capital adequacy and acceptable concentration of active transactions on the major credit risk items were highlighted as positive factors. Low past-due debt on the balance sheet and the high share of liabilities that mature in 180 days in gross liabilities support the rating.
Low profitability indicators pressurize the rating. High resource base reliance on the group of biggest lenders throughout 2013 and significant concentration of active transactions on related parties were highlighted as the factors restraining the Bank's creditworthiness.
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