RAEX Confirms Transcapitalbank Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Transcapitalbank credit rating A++, which means “Exceptionally high (the highest) level of creditworthiness”. The rating outlook is “stable”.
Among key positive factors the Agency still highlights high likelihood of administrative support of the bank by state authorities, high indices of loans security, good balance of assets and liabilities by maturities in the short and long term.
Presence of risks associated with the decrease of business activity of a certain part of foreign shareholders of the bank in Russia, moderately high share of overdue indebtedness with regard to the portfolio of legal entities and individual entrepreneurs as well as a considerable share of loans of the IVth and Vth quality categories are rating score restraining factors.
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