OREANDA-NEWS. National Rating Agency has assigned its 'BBB-' national scale credit rating to Joint Stock Bank 'Moscow Bill Bank' (AKB 'Moscow Bill Bank'). This is the first time that the bank is rated by NRA.

Among positive factors supporting the current rating, the Agency highlights transparent ownership structure of the organization, consistently high level of capital adequacy, balanced structure of assets and liabilities per maturity. Credit policy of the bank is moderately risky, quality of the loan portfolio is higher than market average.

The rating is constrained by the considerable concentration of high credit risks, low level of return on assets and capital, as well as a significant proportion of captive liabilities in the bank's funding base. Bank performance is largely depends on the financial resources of its shareholders, the amount of which has been considered sufficient to ensure an orderly development of the bank.