OREANDA-NEWS. Expert RA Rating Agency (RAEX) upgraded AIKB Tatfondbank credit rating sub-level from the third to the second. Credit rating remained at A level, which means “High level of creditworthiness”, with the “stable” rating outlook. The stable outlook means the likelihood of mid-term rating stability is high.

Upgrading of the rating sub-level is associated primarily with improvement of the Bank's capital adequacy and net interest margin increase.

Key rating level restraining factors are low business profitability ratios and low level of the loan portfolio security. Expert RA is Russian rating agency incorporated in 1997 by Expert magazine. Expert RA is a true market leader in ratings and survey-communication activity. Our purpose is to produce a new knowledge and transfer it to the society, business and authorities in an understandable way.

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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.

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Over 5000 companies from different segments of economy cooperate with Expert RA. The Agency has clients from 10 countries. The Agency database contains over 20000 company names.