RAEX Confirms Rosavtobank Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Rosavtobank credit rating A, which means "High level of creditworthiness", the second sub-level, stable rating outlook.
The rating level is positively influenced by good balance of assets and liabilities by maturities in the short term and conservative credit policy. Pledge is accepted at higher discounts and high level of credit risks is neutralized by conservative approach to determining the borrower's category and adequate provisioning.
Creditworthiness of the Bank is restrained by low level of equity adequacy.
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