REGION DC's Reliability Rating Affirmed
OREANDA-NEWS. National Rating Agency has affirmed its 'AAA' reliability rating on REGION Depository Company CJSC (REGION DC). On Apr. 6, 2012, the company was assigned NRA's reliability rating of 'AA+', which was raised to 'AAA' on May 6, 2013.
REGION DC is growing dynamically and keeps expanding its customer base. Its business processes are being improved to address new business requirements and are well-automated. The company has a considerable working experience and holds large market positions. It demonstrates adequate financial strength and is able to fulfill its obligations in full and in a timely manner.
NRA notes that REGION DC's customer base and revenue base are highly concentrated, as before. On the other hand, the share of key customers in the company's revenues decreases with increasing customer base.
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