RAEX Upgrades ROST BANK Credit Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) upgraded ROST BANK credit rating to B++, which means "Acceptable level of creditworthiness". The rating outlook is stable, which means the likelihood of mid term rating stability is high. Earlier the Bank had rating C++ "Low level of creditworthiness" and "negative" outlook.
Key factor for upgrade of the rating score of the Bank was decision of the Bank of Russia on rehabilitation with participation of JSC BIN-BANK as an investor. Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine. Expert RA is a true market leader in ratings and survey-communication activity.
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