OREANDA-NEWS. National Rating Agency has affirmed its national scale 'A-' credit rating on CB "Russian mortgage bank" LLC (RMB).

The affirmation is driven by the bank's stable financial condition and strong liquidity position, enabling it to fulfill its obligations to customers in an unfailing and timely manner, and its profitable operations. NRA also views as positive the bank's consistently executed growth strategy, business diversification and fairly conservative approach to risk management.

The rating is constrained by the single-name concentration of the bank's loan book and the growing level of loans in the III-V risk categories.