OREANDA-NEWS. National Rating Agency has withdrawn its credit rating on Otkritie Advisory Services Limited (OASL). No exit rating has been assigned to the company due to its oncoming liquidation. NRA's first-time 'A' credit rating on OASL was assigned on Dec. 25, 2013 and affirmed with a stable outlook on Feb. 10, 2015.

OASL was incorporated under the Bermuda Companies Act in June 2011. The company's sole shareholder is OTKRITIE Capital LLC, an investment bank, which is a division of OTKRITIE Holding. OTKRITIE Capital acts as an active broker on LSE and the Moscow Exchange and is one of the market's leaders by total trading turnover. OTKRITIE Capital LLC and OTKRITIE Holding are rated 'AA' and 'AA+' respectively by NRA.

Otkritie Advisory Services Limited acted as a financial intermediary in financial market transactions and provided advisory services.