OREANDA-NEWS. June 4, 2012. Expert RA rating agency confirmed A+ (very high) creditworthiness rating to Credit Ural Bank (CUB). Forecast is “stable”.

CUB rating is supported by highly adequate capital, asset/liability short-term and mid-term balance, good quality of credit portfolio.

Limiting factors: insufficiently conservative provision policy, moderately high level of concentration of attracted funds at the largest group of creditors.

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).