OREANDA-NEWS. National Rating Agency has placed its' AA+' financial reliability rating on BC-Sberezheniya AM LLC (former Russian Standard AM LLC) on its Watchlist with positive implications. Russian Standard AM was assigned NRA's first-time 'A' reliability rating on Oct. 15, 2012. The latest rating update (affirmation at 'AA+/Indefinite' and Watchlist placement) was on Dec. 8, 2015. NRA's financial reliability rating on BC-Sberezheniya AM will be under scrutiny from the time of its Watchlist placement. A Watchlist placement does not mean that the rating has been suspended (NRA's 'AA+' rating on the company will be in force till it has been withdrawn or updated after a revision process).

Russian Standard Asset Management (limited liability company) was registered in June 2006. Earlier it operated as a Russian Standard Bank's subsidiary. In November 2015, the control of Russian Standard AM passed to BCS financial group, which announced their intention to work jointly with Russian Standard Bank in the retail investment market. In January 2016, the company was renamed BC-Sberezheniya AM LLC.