OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned Sauber Bank credit rating A, which means “High level of creditworthiness”, the third sub-level. The rating outlook is “stable”. The stable outlook means the likelihood of mid-term rating stability is high.

As positive factors the Agency highlighted high level of capital adequacy, good balance of assets and liabilities by maturities in the short-and-long term, as well as absence of the overdue indebtedness on the books.

Pressure on the rating score is exerted by the substantial share of quality category III loans and high level of concentration of active operations on major credit risk objects.

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.

Expert RA and its employees received more than 80 diplomas, awards and thank-you notes, including Financial Elite award for transparency increase at the financial market, Pension Fund of Russia diploma for objective industry coverage, Time of Innovation award for popularization of innovation activity, Golden Salamander award for high analytical quality at the insurance market and many others.