Expert RA Confirms Red Gates Commercial Bank Creditworthiness Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Red Gates' JSCB creditworthiness rating A, which means high credit solvency, the third sublevel. The rating outlook is stable.
High loan portfolio security, combined with the low past-due debt in the aggregate loan portfolio, was highlighted as the key positive factor.
The insufficient balance of assets and liabilities, by their maturities, in the mid-term and high concentration of credit risks on related parties became the main factors restraining the Bank rating.
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