CJSC Trend's Credit Rating Affirmed
OREANDA-NEWS. The National Rating Agency has affirmed its 'A' national scale credit rating on CJSC Trend. The rating falls into the "Holding and Financial Companies" section of NRA's rating list.
The affirmation is based on CJSC Trend's high business activity, favourable 2014 financial performance, well-matched assets and liabilities, strong strategic partners and the high likelihood of getting a timely and sufficient extraordinary support.
The rating remains constrained by the high concentration of CJSC Trend's assets and liabilities, low share of equity in the company's total funding, and the fact that its operations are exposed to market risks.
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