OREANDA-NEWS. Expert RA Rating Agency (RAEX) changed Nefteprombank credit rating outlook from "stable" to "positive". Positive outlook means the likelihood of mid term rating upgrade is high. The Bank's credit rating remains at A level "High level of creditworthiness", the first sub-level.

The Bank's rating was positively influenced by high quality of loan portfolio, high level of loan coverage and high quality of securities portfolio.

The rating score is negatively influenced by high level of concentration of active operations on major credit risk objects, instability of customer deposits as well as high sensitivity of the Bank to change of key interest rate of the Central Bank of Russia.

Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine.

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