Expert RA Confirmed Timbre-Bank Creditworthiness Rating
OREANDA-NEWS. ‘Expert RA’ rating agency confirmed ‘TIMBRE-BANK’ creditworthiness rating A, which means high credit solvency. The rating outlook is stable.
High loan portfolio security, a good balance of assets and liabilities by their maturities and a stable volume of raised funds support the Bank rating.
‘Expert RA’ analysts note low capital adequacy as the key rating-restraining factor.
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).