OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Noviy Vek' Bank creditworthiness rating В++, which means acceptable credit solvency, the rating outlook is stable.

High capital adequacy, low long-term liquidity ratios and the provisioning policy adequate to the current accepted credit risks support the Bank rating. The low past-due debt on the balance sheet under loans provided to legal entities and individual businessmen as well as a good coverage of operating costs with net interest and commission income have a positive impact on the rating.

'Expert RA' analysts highlight the narrow customer base in the corporate, individual business and retail lending segments and the resource base contraction as the key rating-restraining factors.