OREANDA-NEWS. National Rating Agency has withdrawn its reliability rating on "METROPOL" Investment Financial Company Ltd. (IFC METROPOL) due to expiry of the contract and the company's decision to stop participating in the rating process. IFC METROPOL is assigned an exit rating of 'AA+'.

NRA's first-time reliability rating of 'AAA' was assigned to IFC METROPOL on Dec. 6, 2012 and re-affirmed at this level each consecutive year (the latest affirmation dates Jan. 30, 2015).

The rating is supported by the company's long track record of successful market operations, strong market position and good business standing. The rating also recognizes IFC Metropol's improving net income, as evidenced by the latest annual financials, its well-developed systems of enterprise risk management and business process automation. In addition, NRA notes the company's affiliation with a large international investment-and-industrial group.

The rating is constrained by FC METROPOL's modest profitability and equity adequacy metrics and the downward trend of some of its balance sheet indicators. NRA also notes the company's failure to supply the Group's consolidated financials due to expiry of the contract for rating services, which makes it impossible for NRA to analyze these data.