OREANDA-NEWS. January 17, 2012. The rating agency "Expert RA" rating is assigned insurance coverage , provided by the Guarantee Fund of Stavropol Territory, at a "high level of reliability of the guarantee." Rating outlook is "stable".

Positive impact on the Fund's appreciation had moderately low value of the multiplier of capital and low levels of unconditional (balance) liabilities. Also notes the high level of profitability of capital, high level of cover off-balance liabilities with liquid assets, the lack of currency risk and support from the parent and the federal budget.

Negative impact on the ratings have a low level of guarantees for loans collateralized by real estate, and a high concentration of extended warranties on major partners. Limit the rating of the lack of experience in payments, a short period of issuance of guarantees and the lack of audited financial statements. "Also, we note the moderately low level of diversification guarantees for mortgages - in the case of a large loan impairment value payments will be significant, the size of the Fund, the amount" - says the head of department ratings of credit institutions "Expert RA" Stanislav Volkov .