OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Nizhegorodsky Special Depositary" reliability (long-term creditworthiness) rating A, which means high reliability (long-term creditworthiness); the rating sublevel is two, the outlook is stable.

The acceptable risk management level and the extremely low debt liabilities as of March 31, 2014, had a positive impact on the rating. In addition, the Agency's analysts highlighted high customer base diversification, the increase in controlled assets, high insurance coverage quality, and high information transparency as positive factors.

The low ratio of equity to the serviced securities market value and to the controlled asset value and the absence of certified depositary accounting software were regarded as the rating-restraining factors.