OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Gazprombank Latin America Ventures' creditworthiness rating A, the first sub-level, the stable outlook.

High probability of financial support by owners and good financial standing of the key investment item had a positive impact on the Company rating. High strategic planning quality, low currency risks, high insurance coverage reliability and the low share of receivables in assets were also positive for the rating.

Low liquidity, the high share of payables in liabilities, the high share of one counterparty in payables as of June 30, 2013, and poor financial disclosures were noted among the rating-restraining factors. In addition, the high debt level and low capital adequacy restrained the Company rating.