OREANDA-NEWS. "Expert RA" rating agency (RAEX) confirmed "ERGOBANK" creditworthiness rating A, which means high credit solvency, the third sublevel. The rating outlook is stable.

Low past-due debt in the aggregate loan portfolio, the low share of IV-V quality category loans, and availability of a comprehensive bank risk insurance policy (BBB) from a company with the high reliability rating were the factors having a positive impact on the rating.

In addition, the Bank's reliance on individuals" money as the financing source, the insufficiently conservative loan provisioning policy, and low profitability indicators pressurize the rating.