OREANDA-NEWS. National Rating Agency has affirmed its national scale ‘A+’ credit rating on ICT-Capital LLC.

The rating is supported by the company’s high financial strength determined by its sizable equity and equity’s large share in the funding base, zero external debt, strong liquidity position and affiliation with ICT Group, one of Russia’s largest investment and industrial groups. We also note that in common with the parent group, ICT–Capital demonstrates strong corporate governance practices and adheres to high business operating standards.

The rating is constrained by the persistent volatility of ICT–Capital’s revenue and financial results stemming from the elevated concentration of its income base and fairly high operating exposure to risks inherent to financial markets.