OREANDA-NEWS. National Rating Agency has affirmed its national scale 'A+' credit rating on CB Moskommertsbank (JSC) with a negative outlook.

The bank was assigned NRA's first-time'A+' credit rating on May 29, 2009. The latest rating action on Moskommertsbank (the credit rating affirmation at 'A+/Negative') was on March 2, 2015.

Moskommertsbank was registered by the Central Bank of Russia in April 2001 and operates based on CBR's license #3365 dated 11.04.2001. It is a member bank of the Deposit Insurance System (Reg. No. 833) and is licensed for banking operations. Its branch network currently includes two branches and five sub-branches. Moskommertsbank is wholly owned by Kazkommertsbank JSC, the largest financial institution of Kazakhstan.