OREANDA-NEWS. 'Expert RA' rating agency upgraded 'Home Money' reliability rating under the MFO scale to А++.mfi, which means highest reliability. The rating outlook is stable, which means high probability of maintaining the rating in the mid-term. The Company used to have rating A+.mfi, which means very high reliability, with the positive outlook.

The Company's breaking-even under IFRS and increase in the maturities of funds raised by the Company became the key factors for upgrading the rating. According to the IFRS non-audited financial statements for 1H2013, 'Home Money' generated profit of RUB 115 million. A broad customer base and footprint, high major risk management quality and low credit risk concentration continued having a significant positive impact on 'Home Money' rating.