Expert RA Confirmed Russian Land Bank Rating
OREANDA-NEWS. June 18, 2012. Expert RA rating agency confirmed B+ creditworthiness rating (adequate) to Russian Land Bank. Rating forecast changed from "stable" to "positive".
Russian Land Bank rating is supported by highly adequate capital, asset/liability short-term balance. Other positive factors: acceptable security level of loan portfolio, loan provision ratio adequate to current credit risks.
The bank creditworthiness level is limited by highly concentrated active operations at large credit risk objects. Minuses: poor competitive edge in the region of presence (
Expert RA Rating Agency is the first independent rating agency in