Expert RA Confirms FORA-BANK Creditworthiness Rating
OREANDA-NEWS. "Expert RA" rating agency confirmed "FORA-BANK" creditworthiness rating A, which means high credit solvency, the second sublevel. The rating outlook is stable.
The acceptable loan portfolio security, the acceptable coverage of operating costs with net interest and commission income as well as the possibility of raising additional liquidity from the companies related to the Bank support the Bank rating.
The Agency highlights the moderately high share of III-V quality category loans and the significant level of prolonged debt as the factors having a negative impact on the Bank rating.
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