OREANDA-NEWS. ‘Expert RA’ rating agency changed ‘MAST-Bank’ creditworthiness rating outlook from stable to developing. The developing outlook means that both downgrading and maintaining the rating are equally probable in the mid-term. The creditworthiness rating remained unchanged at A, which means high credit solvency.

The outlook revision is due to receipt of information on involvement of the persons who used to be members of the Bank’s management bodies in the illegal funds conversion into cash. The Agency believes that the disclosure of negative information on owners and members of the Board of Directors of the Bank aggravates the risks associated with the customer money outflow from the Bank’s accounts significantly.