OREANDA-NEWS. 'Expert RA' rating agency downgraded 'ASCOMED' Medical Company reliability and service quality rating from A to В++, which means acceptable reliability, and changed the outlook from stable to developing.

The developing outlook means equal probability of changing and maintaining the rating in the mid-term. The Company used to have rating A, which means high reliability and service quality.

The Company's rating downgrading is due to the high share of cash and deposits kept with 'Solidarnost' Commercial Bank OJSC that is subject to financial restructuring. This situation may result in 'ASCOMED' default on its obligations to finance medical organizations under statutory medical insurance.