OREANDA-NEWS. April 03, 2012. Expert RA rating agency increased Megapolis Bank creditworthiness rating to B++ level (acceptable creditworthiness), forecast is “stable”. Previously the Bank was rated B+ (sufficient creditworthiness) with “stable” forecast.

Key factors to secure Megapolis Bank increased rating are reduced share of outstanding debts and profitability growth.

Creditworthiness limiting factors are highly concentrated active operations at big credit risk objects.

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. 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 350 companies (including companies from Eastern Europe, CIS and the Baltic countries) and regions (60 received the Agency credit rating).