OREANDA-NEWS. February 16, 2012. The rating agency Expert RA has assigned credit rating of "SIBNEFTEBANK" (JSC) at a "high level of creditworthiness," outlook "stable."

Support rating of "SIBNEFTEBANK" have a high level of capital adequacy and a good level of security of the loan portfolio. "In 2011" SIBNEFTEBANK "significantly expanded the portfolio of loans to LE and FE, while maintaining good performance security", - adds Stanislav Volkov, head of credit rating institutions Expert RA.

Factors limiting the Bank's creditworthiness, analysts attributed the Agency's low quality loan portfolio and low standards of H2 and H3 on separate dates.