OREANDA-NEWS. Expert RA Rating Agency (RAEX) upgraded YUG-Investbank credit rating to A+, which means “Very high level of creditworthiness”, the third sub-level. The rating outlook is “stable”, which means the likelihood of mid-term rating stability is high. Previously the Bank had credit rating A (“High level of creditworthiness”), the first sub-level with positive outlook.

The Agency highlights high level of loan portfolio security and low concentration of raised funds on big creditors.

The Agency highlights the following key negative factors - suboptimal equity structure, dependence of the Bank on retail funds as the main funding source together with their low geographical diversification.

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