Expert RA Changes IntrustBank Creditworthiness Rating Outlook
OREANDA-NEWS. 'Expert RA' rating agency changed 'IntrustBank' rating outlook from positive to developing. The developing outlook means equal probability of changing and maintaining the rating in the mid-term. The creditworthiness rating remained unchanged at В++, which means acceptable credit solvency.
The outlook revision is due, first of all, to deterioration of liquidity ratios early in 2014. Moreover, the loan portfolio security declined in 2H2013, which increases the probability of major unexpected losses, taking into account significant credit risk concentration.
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