OREANDA-NEWS. "Expert RA" rating agency confirmed "Gorod" Joint Stock Commercial Bank creditworthiness rating A, which means high credit solvency, the third sublevel. The rating outlook changed from developing to negative, which means high probability of downgrading the rating in the mid-term.

The low share of non-performing loans and uncollectible loans in the loan portfolio is highlighted as the key positive factor. Low liabilities base reliance on the biggest lenders supports the rating.

The Agency highlights low capital adequacy and the suboptimal equity structure among the factors having a negative impact on the rating.