OREANDA-NEWS. August 8, 2012. Strong points outlined by the agency experts include acceptable asset quality and reasonable capitalisation as well as ability to generate stable earnings and moderate borrower concentration. Among other beneficial factors is the bank’s recognition in the SME segment. Nevertheless, the bank’s under-developed franchise weighs somewhat negatively on its rating profile.

Moody’s also confirmed the bank’s BFSR rating of E+ and national scale rating of baa2.ru. The rating outlook is stable. "Moody’s experts highlighted the low NPL level of 1,6% of the total loans and an acceptable level of restructured loans which account for 7,9% of the total loan portfolio, which is, in the the experts’ opinion, considerably lower as compared to the bank’s peers," - said Andrey Egorov, Chairman of the Board.