OREANDA-NEWS. National Rating Agency has affirmed its reliability rating on STATUS JSC at ‘AAA’.

The past few years' operating results suggest that the company has been successfully achieving its strategic objectives and consistently strengthening its market position in registration services. We note the growing number of joint-stock companies using STATUS’s services, as the customer base has been steadily increasing for several years. The rating reflects STATUS’s strong market position, experienced and competent management team and professional risk management function, enabling the company to control operating risks effectively.

These strengths are offset by the revenue and net profit reduction, which the management describes as a temporary problem associated with the company’s income mix and business expansion.