OREANDA-NEWS. ‘Expert RA’ rating agency confirmed ‘Intercredit’ Commercial Bank creditworthiness rating A, which means high credit solvency, the rating outlook is stable, and the rating sub-level is third.

High capital adequacy, acceptable loan portfolio quality and the provisioning ratio adequate to the credit risk level support the Bank rating. The Agency also regards accessibility of additional liquidity sources and the minimum undertaken currency risk positively.

High concentration of assets on the major credit risk items and the high share of ‘short’ liabilities are the main factors restraining the Bank’s creditworthiness. The weak competitive standing on the banking market combined with the narrow geographic footprint have a negative impact on the rating.