OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed MORSKOY BANK credit rating A, which means “High level of creditworthiness", the second sub-level, stable rating outlook maintained.

Among key factors positively influencing the rating score level are strong market positions in the transportation industry maintenance segment together with the geographic reach appropriate for the Bank's activities.

Main factors negatively influencing the Bank's creditworthiness are low level of capital adequacy and quite low quality of the loan portfolio.

Expert RA was evaluated and certified as satisfying to ISO 9001:2008 demands in the following areas: assigning and actualizing expert assessments; analysis of markets and companies, survey activity; organization of business-forums, conferences and round tables. Rating methods were approved by leading international audit-consultation companies: PricewaterhouseCoopers, Deloitte. Procedural quality and information confidentiality principles are confirmed by Accenture.

Expert RA is accredited at the RF Ministry of Finance. The Agency ratings are included in the list of official requirements to banks, insurers, pension funds, issuers. Expert RA ratings have been officially recognized by FSFM, Central Bank of Russia, Vnesheconombank of Russia, MICEX-RTS, Mortgage Crediting Agency, Deposit Insurance Agency, professional associations and self-regulating organizations: VSS, Russia Association, Strategic Initiative Agency, RSA, NAPF, NLU, NSG, NFA, and hundreds of companies and agencies in the period of bids and tenders.