OREANDA-NEWS. August 15, 2011. The rating agency "Expert RA" has appropriated credit rating Kurskprombank (JSC) at a "high level of credit".

Support rating Kurskprombanka have a high level of availability of loans, a good record of profitability in 2009 and 2010, and a high level of coverage of net interest and commission income costs associated with providing activities.

The main factors limiting the creditworthiness of the Bank's loans were made by the high proportion of IV and V categories of quality in the gross loan portfolio, the high concentration of risk in the largest group of borrowers and a moderately high proportion of extended loans in the loan portfolio.

Expert RA Rating Agency is the first independent rating agency in Russia founded in 1997 by Expert  magazine. It is presently the largest Russian rating agency staffed with 60 plus employees.

 The Agency strategic goal is to provide all-round information and analysis assistance to companies, operating on the Russian market.

 The Agency business is based on unique system of rating products. Expert RA family of ratings presents classic credit ratings of companies in all economic branches, regions and municipalities, as well as ratings related to different aspects of social responsibility of companies: corporate governance rating, companies' ecological liability rating.

 Currently Expert RA ratings have been assigned to over 100 companies (including companies from