Expert RA Assignes Sparta-Finance Investment Company Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Sparta-finance' investment company reliability rating A, which means high reliability. The outlook is stable. The stable outlook means high probability of maintaining the rating in the mid-term.
Significant increase in customer transactions and the moderately high liquidity of financial investments had a positive impact on the Company rating. Acceptable profitability indicators, absence of debt liabilities and moderately high capital adequacy were also highlighted as positive factors.
Reduction in assets in the period from December 31, 2011, to June 30, 2013, low diversification of the Company's business, low customer base diversification and the poor risk control process restrained the rating.