Expert RA Confirms CCG Management Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'CCG Management' creditworthiness (long-term creditworthiness) rating A, which means high credit solvency, the rating sublevel was downgraded from the second to the third. The outlook is stable, which means high probability of maintaining the rating in the mid-term.
High profitability, low currency risks, high liquidity and business activity ratios, significant increase in the Company's capital and assets over 9 months 2013, the low share of receivables and payables in the Company's assets and liabilities, respectively, had a positive impact on 'CCG Management' rating.
The business risks related to low asset quality, low business and debt diversification, low capital adequacy, information transparency and corporate governance quality were highlighted as the rating-restraining factors.
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