OREANDA-NEWS. Expert RA Rating Agency (RAEX) downgraded BBR Bank credit rating to A level, which means high level of creditworthiness (the first sub-level), stable rating outlook. The stable outlook means the likelihood of mid-term rating stability is high. Earlier the Bank had rating A+ "Very high level of creditworthiness" (the third sub-level) with the "developing" outlook.

The rating review was determined by low level of adequacy of the Bank core capital. 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.

Expert RA was evaluated and certified as satisfying to ISO 9001:2008 demands in the following areas: assigning and actualizing expert assessments; analysis of markets and companies, survey activity; organization of business-forums, conferences and round tables. Rating methods were approved by leading international audit-consultation companies: PricewaterhouseCoopers, Deloitte. Procedural quality and information confidentiality principles are confirmed by Accenture.

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Over 5000 companies from different segments of economy cooperate with Expert RA. The Agency has clients from 10 countries. The Agency database contains over 20000 company names.