Expert RA Affirms Credit Rating of Bank Petrocommerce
OREANDA-NEWS. July 05, 2010. Expert RA Rating Agency affirmed its A+ credit rating assigned to Bank Petrocommerce ("Very high credit standing").
The credit standing is underpinned by such factors as a relatively high capital adequacy ratio for a bank of federal importance, access to a wide range of extra liquidity sources, high probability of shareholders’ support, a high ‘collateral to loan’ ratio, strong levels of instant and current liquidity ratios, adequate reliability of the securities portfolio as well as a developed geographical presence.