OREANDA-NEWS. The National Rating Agency (NRA), one of the leading agencies at the market, has reaffirmed SB Bank individual rating of creditworthiness at the level of AA-, initially assigned in November 2009. The agency specialists noted the high quality of the Bank assets, adequate liquidity, and market level of profitability. The rationale underlying Agency's opinion to retain the initially assigned rating is the Bank's sustainable performance, positive business development dynamics, funding diversified structure, high quality of loan portfolio and sufficient liquidity. At present NRA specialists note that bank development strategy includes balanced development of corporate and retail sectors as well as maintenance of sufficient growth rate, product line extension and profitability increase of the regional network. The rating analysts stress shareholders' interest and ability to give necessary support to the Bank. Among other positive factors the agency names obtaining by the Bank a Russian Bank license for precious metals attraction and placement in October 2013.

In the examined period the main financial figures of the Bank have showed ascending dynamics, assets have grown 31% and have equaled 67.2 bln RUR as at 01.10.2013. The Bank capital has grown 19% and has equaled 7.5 bln due to subordinated loan attraction in the sum of 30 mln US dollars and capitalization of the obtained profit. SB Bank liabilities are stable, their structure is diversified, about 54% are customer accounts, approximately 16% are debt securities issued, 12% are due to other banks. Corporate clients' accounts have showed the most considerable growth dynamics (+53%), in 2013 Bank obtained a number of new clients and several housing funds. The volume of debt securities issued has equaled approximately 10.5 bln RUR, the level of debt load is considered to be moderate, and it is emphasized that the Bank has acquired a high reputation and has an unexceptional credit history.