OREANDA-NEWS. National Rating Agency has affirmed its national scale 'AA-' credit rating on CB Russian International Bank ZAO (RIB).

The rating action reflects the bank's robust financial profile, stable and manageable funding structure and adequate capital and liquidity positions. We also note RIB's conservative underwriting policy and strong corporate governance practices.

The rating is constrained by the general risks currently facing the banking sector as a whole. In the case of RIB, they have already caused the slowdown of asset growth and some deterioration of the bank's loan quality (increase in nonperforming loans), which, however, is still better than the market average.