RAEX Changes ANKOR BANK Rating Sub-Level from Second to Third
OREANDA-NEWS. Expert RA Rating Agency (RAEX) downgraded ANKOR BANK credit rating sub-level from the second to the third and changed rating outlook to negative. Previously the Bank had a stable outlook. Rating A ("High level of creditworthiness") is maintained.
Change of the rating outlook and sub-level is determined, first of all, by visible drop of net interest income of the Bank in Q3-Q4 2014, maintaining low level of equity adequacy and impairment of assets quality. 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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