OREANDA-NEWS. National Rating Agency has affirmed its national scale credit rating on InvestCapitalBank JSC (ICB) at ‘A’.

The rating is supported by ICB’s fairly high liquidity metrics, owners’ commitment to develop the bank, strong competitive position in its home region and persistent revenue generation.

The rating is constrained by the weakening quality of the bank’s loan portfolio, negative impact of the Western sanctions and the slowing down business growth.