OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned ABLV Bank depositary reliability rating (long-term creditworthiness) A++ according to the national scale of the Russian Federation, which means "Exceptionally high (the highest) level of reliability (long-term creditworthiness)". Rating A- which means "High level of reliability (long-term creditworthiness)" was assigned according to the international scale. The Bank has got credit rating A+ which means "Very high level of reliability (long-term creditworthiness)", the first sub-level, according the national scale of the Republic of Latvia. The outlook for all ratings is stable, which means the likelihood of mid term rating stability is high.

Moderately high capital adequacy ratio and high ratio of equity to the total value of securities being serviced were highlighted among positive factors.

Medium high dependence of proceeds sourced from depositary services from the largest clients exert pressure on the rating score. Expert RA is Russian rating agency working on a global scale, 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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