REGION Investment Co. ZAO's Credit Rating Affirmed
OREANDA-NEWS. National Rating Agency has affirmed its national scale 'A+' credit rating on REGION Investment Co. ZAO (REGION IC). The company's credit rating falls in the "Holding and Financial Companies" category of the NRA's rating list. ). On Mar. 13, 2012, the company was assigned NRA's credit rating of 'A+', which was affirmed at this level on July 1, 2014.
The rating is supported by the long track record of REGION IC and its subsidiaries' successful operations, as well as REGION Group's strong positions and favourable financial performance trends, strong liquidity, good risk management practices and highly skilled management team.
Partially offsetting these strengths are the group's considerable debt burden, as measured relative to capital and key operating performance metrics, and its modest equity in the context of significant market and investment risks.
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