OREANDA-NEWS. ‘Expert RA’ rating agency upgraded ‘Grand Invest Bank’ creditworthiness rating to A, which means high credit solvency, the rating outlook is stable, and the rating sub-level is third. The Bank used to have rating В++, which means acceptable credit solvency, with the positive outlook.

The Agency’s analysts continue regarding high securities portfolio reliability, the minimum undertaken currency risks and the acceptable coverage of off-balance credit liabilities with highly liquid assets as positive factors.

Moderately high concentration of active transactions on the major credit risk items, the insufficiently conservative provisioning policy and the moderately high share of funds of the group of biggest lenders were the factors having a negative impact on the rating.