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

Key factor influencing positively on the Bank's creditworthiness is a medium high level of capital adequacy.

Among main rating-restraining factors the Agency analysts highlight medium high concentration of active operations on major credit risk objects, low level of the loan portfolio security and high concentration of the raised funds on the largest group of creditors.