OREANDA-NEWS. September 27, 2011. The National Rating Agency has increased the individual credit rating of the OJSC “Investtradebank” to the AA- level (very high credibility, the third level). The Bank has a complete set of licenses of the Central Bank of the Russian Federation as well as licenses of the Federal Service on Financial Markets (FSFR), necessary for performance of full-value activities on the financial markets, reported the press-centre of Investtradebank.

It is a member of professional banking unions and associations. The Bank is supporting social and cultural projects, actively investing in social programs of the Moscow Government. The Bank has advanced and steady positions in economically developed and investment attractive regions and districts of Russia. Up to date the Bank’s branch network comprises 22 branches, 52 sales points and 19 subsidiary offices in the Moscow region. Since January 2005 the Bank has been included into the Compulsory Deposit Insurance System under number 409.

The individual credibility rating at the level of “A+” (high credibility, the first level) was assigned to the Bank in July 2009 and then confirmed at the same level in August 2010 with a positive trend.

“Increase in the rating appraisal of the Bank is reflecting growth in the market positions of the credit organization in the key business fields, implementation of the set strategic tasks and fulfillment of the financial plan in the part of achievement of the targeted parameters, keeping a high quality of its assets. The Agency distinguishes a high competitive position of the Bank in the regions and a high level of geographical diversification of business through considerable territorial coverage by the branch network of the Bank, providing it with a sustainable and diversified base of corporate and retail clients”, comments Svetlana Kanevskaya, the Deputy Head of the Analytical Department of the National Rating Agency.