OREANDA-NEWS. June 14, 2012. Expert RA rating agency increased BFA Bank creditworthiness rating to A+ (very high). Forecast is "stable". Former bank rating was A (high creditworthiness), forecast "positive".

BFA Bank rating increase is conditioned by lower dependence on largest creditors and improved credit portfolio security, portfolio significant growth. The bank rating is supported by highly adequate capital, good indicators of instant and current liquidity, high quality of securities portfolio.

Negative factors: low credit risk diversification by borrowers, dependence on short-term funding.

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).