OREANDA-NEWS. Expert RA Rating Agency (RAEX) downgraded the rating sub-level of ActiveCapital Bank from the 2nd to the 3rd. Credit rating remained at level A “High level of creditworthiness" but the outlook was changed from “stable" to “developing", which means that both rating maintaining at the current level and its downgrade are equally probable in the mid-term.

High liquidity values and low dependence on ten major lenders/groups of lenders continue making positive influence on the rating level.

Rating sub-level downgrading is primarily due to loan portfolios impairment and unplanned cancellation of long-term subordinated loan agreements.

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.