OREANDA-NEWS. National Rating Agency has affirmed its national scale 'AAA' credit rating on ZAO Bank Of Tokyo-Mitsubishi UFJ (Eurasia), BTMUFJE. The outlook assigned to the rating is stable. The bank was assigned NRA's national scale 'AA' credit rating on Jul. 29, 2009. The latest rating action ON BTMUFJE, an affirmation of its national scale 'AAA' credit rating, Was made on Nov. 18, 2014.and affirmed with a positive outlook on Aug. 15, 2011.

The rating affirmation reflects the strong support that BTMUFJE receives from its parent company, which enjoys a strong market position, belongs to one of the world's largest financial groups and improves its financial performance amid the current difficult business environment, namely, demonstrates high-quality adequate capital, consistently strong liquidity position and high-quality assets. It is also note and a conservative underwriting approach.

BTMUE was registered by the Central Bank of Russia in 2006. Its banking license No 3465 allows it to carry out banking operations in rubles and foreign currencies, except for taking household deposits. BTMUE is in the register of banks entitled to guarantee the payment of customs duties and taxes. BTMUE has two offices in Russia: in St. Petersburg and Vladivostok. The bank's sole shareholder is Bank of Tokyo-Mitsubishi UFJ Ltd, based in Tokyo, Japan, which is a division of Mitsubishi UFJ Financial Group (MUFG), ranked 1st in the Japanese banking sector by total assets and market capitalization.