OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed its Level A+ credit rating (very high creditworthiness) in respect of Zapsibcombank, upgrading it from Sublevel 3 to Sublevel 1, with stable rating outlook.

According to Expert RA (RAEX) analysts, key factors that drove the Zapsibcombank rating sublevel to the upside include lower activities in the fields of increased credit risk, and maintaining high backing of its loan portfolio.

As the main downside factor in the rating estimate, a moderately low capital adequacy level was mentioned.