OREANDA-NEWS. National Rating Agency has raised its reliability rating on Megatrustoil FC LLC to ‘AA+’ based on the ‘RS2’ support rating, which reflects Rosgosstrakh Group’s propensity to support the company.

The rating benefits from Megatrustoil’s affiliation with Rosgosstrakh Financial Group, able to provide support, as well as the company’s markedly increased business volumes, stable customer base and moderate market risks. Additionally, the rating recognizes Megatrustoil’s transparent business structure, strong capitalisation and solid liquidity position. The company has a strong risk management culture and high level of business process automation.

Partially offsetting these strengths are Megatrustoil’s substantial exposure to related parties and modest profitability.